2012 Gold Cup News

Hamilton, BERMUDA: Oct. 7, 2012 – Taylor Canfield (ISV) Team Chicago Match Race Center swept the finals of the 2012 Argo Group Gold Cup etching his name on the King Edward VII Gold Cup Trophy and taking home a check for $50,000.He defeated Johnie Berntsson (SWE) Berntsson Sailing Team 3-0.

Berntsson’s check for second place was $20,000. He finished second in 2010 and won the Gold Cup in 2008.

Ian Williams (GBR) Team GAC Pindar, the current Tour leader, took third place over Eric Monnin (SUI) Oklays Corum Sailing Team 2-1. Williams won $10,000 and Monnin took home $7,000.

Canfield made it into the Finals Sunday morning through a tough match with Monnin in the Semi Finals. Canfield had won the first flight and lost the second on Saturday before the wind died. Sunday, in perfect match racing conditions, with winds at 8-10 kts, Monnin took flight three. Canfield with his back to the wall took the next two flights to win 3-2.

Canfield then sailed flawlessly in the finals. He took three starts from Berntsson and he led all around the track in the first two races. The sailing was only close on one downwind leg when Berntsson pressed Canfield into a luffing duel in an attempt to cross above him on starboard.

Berntsson failed to keep clear and was given a penalty. He immediately dissolved the penalty by using a special new Tour rule and gybing across behind Canfield to slow him down somewhat but not enough to take himself out of the match.

Canfield was 18-3 through the entire Argo Group Gold Cup. He is now ninth on the Tour. He is hoping to get a wild card invite to the Tour’s final event The Monsoon Cup sailed in December. He would also like to be a Tour Cardholder next year.

“We came in here this week with the goal of making it to the quarter finals.” Canfield said. “But, we have been very confident all week with our boat handling skills. We are ecstatic with our win. It has been a great week for us. Actually, it is great that the Junior Gold Cup is going on as that was a big inspiration for me.” Canfield had sailed in the renaissance Re Junior gold Cup back on 2003.

“We were trying to sail the semi-finals and finals as smoothly as possible.” Canfield continued, “We just seem to have sailed together very well. This is the first time the four of us on the boat have sailed together as a team. I feel like my crew Dan Morse, Josh McCaffrey and Mike Rehe did such a great job that all I had to do was point the boat in the right direction. The finals just went really well for us and we just seemed to be picking the shifts.”

“I would also especially like to thank my father Bill Canfield who has been supporting me since sailing the Opti’s... Thanks, Dad,” Canfield said to his father who was sitting in the front row at the prizegiving

The video of matches this week can be replayed by clicking on the video replay icon on the home page.

Final registration for the Argo Group Gold Cup opens Sunday September 30th, and practice sessions are scheduled for Monday October 1st. Racing begins the next day and continues with the Finals and Petite Finals scheduled for Sunday October 7th.

The finals, scheduled for 14:00 local time (ADT/GMT-3) will be televised live and online. The schedule will be available pre-event at www.wmrt.com/live and on www.argogroupgoldcup.com

Other highlights for the week include the Renaissance Re Junior Gold Cup, which features the top Optimist Dinghy sailors from 15 countries racing against a contingent of Bermuda’s best young sailors. This ‘Championship of Champions’ celebrates its 10th Anniversary in 2012. The annual Family Festival of Sail is also scheduled for Sunday October 7th in Barr’s Bay Park adjacent to Royal Bermuda YC and is open to all.

October is a perfect month to vacation in Bermuda and the Argo Group Gold Cup is a showcase event culminating in the finals weekend October 5th-7th. Special rates for Gold Cup week are available at the Hamilton Princess Hotel. Please use the special code ARGO0912_001 when booking rooms. www.fairmont.com/hamilton-bermuda/

sept26 2012 3 sThis year will mark the 62nd staging of the King Edward VII Gold Cup, with previous winners including some of the greatest names ever to match race. Since the event was reformatted to be an event under the Match Racing Association in 1985, multiple winners include Chris Dickson (NZL), Russell Coutts (NZL), Peter Gilmour (AUS), and Ben Ainslie (GBR).

The 2012 Argo Group Gold Cup runs from October 2nd with Finals scheduled for October 7th. Spectator friendly racing is held in Hamilton Harbour, adjacent to the Royal Bermuda Yacht Club Marina, a spectacular attraction for tourists and Bermuda residents alike.

The Argo Group Gold Cup is the penultimate seventh stage of the Alpari World Match Racing Tour, in which the teams compete for the ISAF Match Racing World Championship. Match racing for The King Edward VII Gold Cup is recognized as one of the classic heritage events on the Alpari World Match Racing Tour.

Argo Group Gold Cup Media Contact:
Talbot Wilson, Talbot Wilson & Associates, Inc.
Tel: +1 (850)432-8170
Fax: +1 (850)432-8050
Mob: +1 (850)217-7138
Email:
SKYPE: talbotwilson

Argo Group Contact:
Lisa Scannell VP - Mkting & Communications
Email:
Tel: +1 (617) 478 5206
Mobile: +1 (857) 205 9668

Royal Bermuda Yacht Club Contact:
Nicole Butterworth, Sailing Secretary
Email:
Tel: (441) 295 2214 Ex 105
Fax:(441) 295 6361

Alpari World Match Racing Tour Contact:
Audrey Lakai
Mobile: + 6 012 502 2206
Email:

Alpari World Match Racing Tour Press Information
Capitalize: Leigh Ireland
Tel: +44 (0) 207 940 1700
Mobile: +44 (0) 7545 503 579
Email:

About Argo Group:

Working Together to Serve Specialty Markets
Argo Group International Holdings, Ltd. (NasdaqGS: AGII), is an international provider of specialty property and casualty insurance, reinsurance and managed risk solutions. The companies that make up Argo Group share a firm commitment to working together with our independent agents and wholesale and retail brokerage partners to deliver innovative products for niche markets.

Argo Group clients and shareholders alike benefit from our deep understanding of the markets we serve, our ability to manage through all insurance cycles, our well developed and prudent risk management practices and controls, and our track record of growth and profitability.

Through our operating companies, we offer a comprehensive line of high-quality products and services designed to meet the unique coverage and claims-handling needs of our clients in four business segments: Excess and Surplus Lines, Commercial Specialty, International Specialty and Syndicate 1200 at Lloyd's.

At Argo Group, we've built a company with a fundamental purpose of securing the future and a straightforward vision to achieve outstanding results realized together.

Organization-wide, our strategy—easy to define and rewarding to deploy—is to grow hand-in-hand with our clients.

www.argolimited.com

About Bermuda

Although Bermuda is an Atlantic island paradise in its own right, many people mistakenly believe Bermuda is part of the Caribbean. In fact, the island rests hundreds of miles north of the Bahamas, a mere 650 miles east of North Carolina. Flights from New York and other eastern US cities are less than two hours. From London, direct flights are about seven hours.

All of Bermuda fits in a cozy 20.7 square miles surrounded by 75 miles of dramatic coastline. Bermuda is famous for hospitality and sparkling pink-sand beaches. Activities include racquet sports, dramatic golfing, spectacular spas, and cultural festivals in all seasons. Of course Bermuda is famous for sailing as a destination for ocean races from Marion, Newport, and Charleston, for Cruising rallies for other East Coast ports and as host to many national and international competitive events.

From chic international cuisine in posh dining rooms to conch stew and local Rockfish at a roadside café, we have a taste to please every palate and budget. While Bermudians do value island tranquility, we like to have a bit of fun, too. From swanky clubs to friendly neighborhood pubs, these after-hours establishments satisfy every thirst. Cocktail in hand and warm sea breeze at your back, set sail on one of our evening cruises along our famous coastline.

For details on all the excitement and events Bermuda has to offer, call your travel agent or visit us at www.bermudatourism.com

About the Alpari World Match Racing Tour

The Alpari World Match Racing Tour (WMRT) is the leading professional sailing series featuring nine World Championship events across the globe, sanctioned by the International Sailing Federation (ISAF) with “Special Event” status.

The World Tour awards over US$1.75million in prize money with points awarded at each event culminating in the crowning of the “ISAF Match Racing World Champion”. The prize fund includes a US$500,000 overall prize pool for the top nine teams in the Championship.

Events take place in identically supplied racing yachts to place the focus on teamwork and skill. Racing takes place close to the shore so that spectators and fans can follow the racing in a virtual on-the-water stadium.

Media and television highlights coverage reaches in excess of 183 countries around the world. For more information, visit www.wmrt.com

About Alpari

With a history dating back to 1998, the Alpari companies are among the world's fastest growing providers of online Forex trading services. The companies provide cutting edge technology, low-cost trading, comprehensive market research tools, advanced educational programes and world-class customer service.

The association of Alpari companies has offices in over 20 countries. Locations include London, New York, Tokyo, Shanghai, Dubai, Moscow, Mumbai and Frankfurt. Combined, the companies look after over 170,000 active trading accounts, generating monthly trading volumes in excess of USD210 billion and employ over 630 people worldwide.*

*May 2011.