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/PRNewswire/ -- Capital Returns Management, LLC (together with its affiliates, "Capital Returns," "we" or "us"), one of the largest shareholders among actively...
The specialty insurer booked an $11.9mn overall net adverse reserve development, up from $6.2mn last year, fueled by a $16.2mn charge in the US business.
Argo has recognized $37.7mn of prior year development (PYD) in the first nine months of 2022, which falls within the retained loss corridor of $75mn in the loss portfolio transfer (LPT) deal the specialty insurer struck with Enstar in Q2 for its US insurance back-book.
Files Definitive Proxy Statement and Sends Letter to Argo Group ShareholdersEncourages Shareholders to Vote to Elect Capital Returns' Candidates B...
The company said the resignation was due to “professional and personal commitments”.