Argo recognises $37.7mn of development in Enstar LPT loss corridor
Argo’s management has revealed it recognized $37.7mn of prior year development that falls within the $75mn retained loss corridor under its LPT with Enstar, while CEO Tom Bradley stated the sixth straight quarter of reduced catastrophe losses in Q3 shows the success of its strategy to reduce volatility.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below