Argo improves Q1 CoR by 8.8 points to 95%, agrees Syndicate 1200 LPT
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Argo improves Q1 CoR by 8.8 points to 95%, agrees Syndicate 1200 LPT

Jairo Ibarra
May 02, 2022
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Argo Group has swung back to Q1 underwriting profits as the carrier’s combined ratio improved 8.8 points to 95% on lower catastrophe losses, despite a higher net adverse reserve development.

The company also disclosed its managing agent entered a loss portfolio transfer (LPT) agreement for Syndicate 1200's reserves for the 2018 and 2019 years.

The

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News Argo Earnings
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Jairo Ibarra
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