Argo to record up to $38 million in nat cat losses
Posted On: Jan. 24, 2018 4:32 AM CSTBermuda-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.