Argo swings to UW loss on Covid-19 cat hit

A modest increase in investment income helped Argo offset an underwriting deficit of $13.9mn to post operating profit of $12.6mn in the first quarter of 2020, as chief executive Kevin Rehnberg said the company was not satisfied with the Bermudian’s performance.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com