vimarsana.com

பெர்முடா அடிப்படையிலானது அர்கோ குழு சர்வதேச ஹோல்டிங்ஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Argo Group Estimates Q1 2021 Catastrophe Losses of $47 Million

Argo Group Estimates Q1 2021 Catastrophe Losses of $47 Million April 22, 2021 Bermuda-based Argo Group International Holdings Ltd. announced estimated catastrophe losses of approximately $47 million for the first quarter of 2021. Argo expects to report Q1 natural catastrophe losses of approximately $43 million, primarily related to Winter Storm Uri. Approximately half of natural catastrophe losses are attributable to International Operations, which includes losses related to Ariel Re that was sold during 2020. Argo further expects to report net losses of approximately $4 million due to the ongoing COVID-19 pandemic, primarily related to contingency exposures in Argo’s International Operations. Argo’s loss estimates are pre-tax and net of reinsurance recoveries. The company said its actual losses may ultimately differ materially from estimated losses due to the nature of the risks assumed, the complexity of the assessment of damages and the

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.