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International

Argo to record up to $38 million in nat cat losses

January 24, 2018 Reprints

Bermuda-based insurer and reinsurer Argo Group International Holdings Ltd. expects to record pre-tax natural catastrophe losses of up to $38 million in the fourth quarter of 2017, Reuters reported. The loss is primarily related to wildfires in California and certain excess of loss contracts impacted by catastrophes in 2017.

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Argo to record up to $38 million in nat cat losses

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