In a strongly-worded letter to Argo’s board, activist investor Voce Capital Management has nominated four director candidates, stating the (re)insurer will never be able to meaningfully enhance return on equity with its current strategy and expense structure.
For details on how to subscribe or for all commercial opportunities, including advertising, please contact:
Tel: +44 (0) 203 934 6687
Tel: +44 (0) 203 934 6684
Subscribers get access to: