Argo Q1 GWP drops 8.4% on Ariel Re sale and other exits

Argo Q1 Kevin Rehnberg

Argo reported a slight deterioration in its first quarter combined ratio to 103.8 percent, although its underlying combined ratio improved to 93.4 percent, while the sale of Ariel Re and other business exits led to an 8.4 percent drop in gross written premiums.

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