Argo hits reduced cat exposure targets ahead of schedule
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Argo hits reduced cat exposure targets ahead of schedule

Argo Group Bermuda logo 2.jpg

Argo CEO Kevin Rehnberg said the firm had hit its target of scaling back catastrophe exposures well ahead of plan, after shedding property limit and restructuring reinsurance purchases.

Speaking on the carrier’s Q2 earnings call, the CEO said the aim of reducing average annual loss exposure by 40% had been completed by 1 July, more than a year ahead of the planned goal, at the end of...

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