Argo Group (AGII) Tops Q2 EPS by 10c

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Go back to Argo Group (AGII) Tops Q2 EPS by 10c

Argo Group Reports Second Quarter 2015 Net Income of $0.98 Per Diluted Share; Declares Quarterly Cash Dividend of $0.20 Per Share

August 4, 2015 4:00 PM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Argo Group International Holdings, Ltd. (NASDAQ: AGII) today announced financial results for the three and six months ended June 30, 2015.

"Argo Groups second quarter results demonstrate continued momentum in the first half of 2015," said CEO Mark E. Watson III. "The improvement in our underwriting income is a direct result of the ongoing focus on underwriting as well as a disciplined approach to profitable growth in our niche markets.

HIGHLIGHTS FOR THE SECOND QUARTER ENDED JUNE 30, 2015:

Gross written premiums were up 7.2% to $557.8 million from $520.1 million... More