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Junior Subordinated Debentures (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Schedule of Junior Subordinated Debentures

A summary of our outstanding junior subordinated debentures at December 31, 2013 and 2012 is presented below:

 

(in millions)                                 

Issue Date

  

Trust Preferred Pools

  Maturity     Redeemable    

Rate Structure

  Interest Rate at
December 31, 2013
    Amount  

Argo Group

  

05/15/2003    PXRE Capital Statutory Trust II     05/15/2033        05/15/2008      3M LIBOR + 4.10%     4.34   $ 18.1   
10/29/2003    PXRE Capital Trust V     10/29/2033        10/29/2008      3M LIBOR + 3.85%     4.09     20.6   
11/06/2003    PXRE Capital Trust VI     09/30/2033        09/30/2008      3M LIBOR + 3.90%     4.15     10.3   

Argo Group US

  

05/15/2003    Argonaut Group Statutory Trust I     05/15/2033        05/15/2008      3M LIBOR + 4.10%     4.34     15.5   
12/16/2003    Argonaut Group Statutory Trust III     01/08/2034        01/08/2009      3M LIBOR + 4.10%     4.34     12.3   
04/29/2004    Argonaut Group Statutory Trust IV     04/29/2034        04/29/2009      3M LIBOR + 3.85%     4.09     13.4   
05/26/2004    Argonaut Group Statutory Trust V     05/24/2034        05/24/2009      3M LIBOR + 3.85%     4.09     12.3   
05/12/2004    Argonaut Group Statutory Trust VI     05/12/2034        06/01/2009      3M LIBOR + 3.80%     4.04     13.4   
09/17/2004    Argonaut Group Statutory Trust VII     12/15/2034        09/17/2009      3M LIBOR + 3.60%     3.84     15.5   
09/22/2004    Argonaut Group Statutory Trust VIII     09/22/2034        09/22/2009      3M LIBOR + 3.55%     3.80     15.5   
10/22/2004    Argonaut Group Statutory Trust IX     12/15/2034        12/15/2009      3M LIBOR + 3.60%     3.84     15.5   
09/15/2005    Argonaut Group Statutory Trust X     09/15/2035        09/15/2010      3M LIBOR + 3.40%     3.64     30.9   
            

 

 

 
   Total Outstanding           $ 193.3   
            

 

 

 
(in millions)                                 

Issue Date

  

Trust Preferred Pools

  Maturity     Redeemable    

Rate Structure

  Interest Rate at
December 31, 2012
    Amount  

Argo Group

  

05/15/2003    PXRE Capital Statutory Trust II     05/15/2033        05/15/2008      3M LIBOR + 4.10%     4.41   $ 18.1   
10/29/2003    PXRE Capital Trust V     10/29/2033        10/29/2008      3M LIBOR + 3.85%     4.16     20.6   
11/06/2003    PXRE Capital Trust VI     09/30/2033        09/30/2008      3M LIBOR + 3.90%     4.21     10.3   

Argo Group US

  

05/15/2003    Argonaut Group Statutory Trust I     05/15/2033        05/15/2008      3M LIBOR + 4.10%     4.41     15.5   
12/16/2003    Argonaut Group Statutory Trust III     01/08/2034        01/08/2009      3M LIBOR + 4.10%     4.44     12.3   
04/29/2004    Argonaut Group Statutory Trust IV     04/29/2034        04/29/2009      3M LIBOR + 3.85%     4.16     13.4   
05/26/2004    Argonaut Group Statutory Trust V     05/24/2034        05/24/2009      3M LIBOR + 3.85%     4.16     12.3   
05/12/2004    Argonaut Group Statutory Trust VI     05/12/2034        06/01/2009      3M LIBOR + 3.80%     4.11     13.4   
09/17/2004    Argonaut Group Statutory Trust VII     12/15/2034        09/17/2009      3M LIBOR + 3.60%     3.91     15.5   
09/22/2004    Argonaut Group Statutory Trust VIII     09/22/2034        09/22/2009      3M LIBOR + 3.55%     3.86     15.5   
10/22/2004    Argonaut Group Statutory Trust IX     12/15/2034        12/15/2009      3M LIBOR + 3.60%     3.91     15.5   
09/15/2005    Argonaut Group Statutory Trust X     09/15/2035        09/15/2010      3M LIBOR + 3.40%     3.71     30.9   
            

 

 

 
   Total Outstanding           $ 193.3