Repositioned US specialty insurer Argo targets 10% ROCE by end of 2022

Published: Mon 15 Mar 2021
Argo’s repositioning as a US-focused specialty insurer is aimed at delivering a return on common equity (ROCE) of at least 10 percent by the end of 2020 as it looks to push down its combined ratio into the low 90s over time while delivering double-digit premium growth.