HAMILTON, Bermuda – March 16, 2018 – The Royal Bermuda Yacht Club (RBYC) and Argo Group International Holdings, Ltd. today announced Argo Group Gold Cup will be held May 7–12, 2018 and is open to sixteen teams. As a result of the partnership between RBYC and Argo Group, Bermuda will return to the center of the sailing world this May, when the world’s top match-racing talent descends on the island. The event will feature one-design IOD keelboats that will compete in Argo Group Gold Cup’s traditional event format of qualifying round robin and repechage, before the knockout stages commence.
“The Gold Cup is a long-standing tradition in Bermuda, attracting the world’s best skippers and crews from the match-racing circuit,” said Mark E. Watson III, CEO, Argo Group. “As title sponsor for the ninth year, we look forward to working with the Royal Bermuda Yacht Club to make this year’s event one of the best ever. Our shared commitment to innovation, teamwork and sustainability makes this partnership a perfect match.”
“The Royal Bermuda Yacht Club is pleased to continue the Argo Group Gold Cup’s association with match racing, built upon the history of the King Edward VII Gold Cup” said Jon Corless, Commodore of the Royal Bermuda Yacht Club. “The Club also looks forward to welcoming world-class match racers from around the globe to Bermuda and, as always, we anticipate exciting racing on Hamilton Harbour.”
Championship racing returns to Bermuda
Since 1844, the Royal Bermuda Yacht Club has been a prestigious and iconic sailing venue. As the sailing world saw in 2017 during the 35th America’s Cup, Bermuda delivers perfect sailing conditions against a breathtaking backdrop of white sandy beaches and pale blue water.
A storied tradition
This event, which has been held at the Royal Bermuda Yacht Club since 1937, has launched the careers of some of sailing’s greatest. Past winners of Argo Group Gold Cup include seven-time winner Sir Russell Coutts and two-time winner Sir Ben Ainslie, as well as Chris Dickson, Jimmy Spithill, Ian Williams, Francesco Bruni and Taylor Canfield. Teams are competing not only for a share of the $100,000 purse, but also to get their hands on the King Edward VII Gold Cup, the second-oldest trophy in match racing.
ABOUT THE ROYAL BERMUDA YACHT CLUB
Established on November 1, 1844, the Royal Bermuda Yacht Club is one of the oldest Royal Clubs in the world and has some of the richest maritime history of any organization in the Atlantic. Argo Group Gold Cup competitors will challenge for the King Edward VII Gold Cup, the oldest match-racing trophy in the world involving one-design yachts and the second-oldest trophy in match racing.
ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.
Argo Group International Holdings, Ltd. (NASDAQ: AGII) is an international underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of products and services designed to meet the unique coverage and claims handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo Group's insurance subsidiaries are A. M. Best-rated 'A' (Excellent) (third highest rating out of 16 rating classifications) with a stable outlook, and Argo Group's U.S. insurance subsidiaries are Standard and Poor's-rated 'A-' (Strong) with a stable outlook. More information on Argo Group and its subsidiaries is available at http://www.argolimited.com.
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