Argo Group (AGII) Tops Q4 EPS by 56c
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Argo Group Reports Fourth Quarter Operating Income of $25.8 Million or $0.90 Per Diluted Share
February 8, 2016 4:01 PM ESTHAMILTON, Bermuda--(BUSINESS WIRE)-- Argo Group International Holdings, Ltd. (NASDAQ: AGII) today announced financial results for the three months and year ended Dec. 31, 2015.
"This concludes a record year of underwriting income for Argo Group," said CEO Mark E. Watson III. "We continue to benefit from initiatives aimed at improving underwriting and simplifying business processes. For 2016, we will drive growth through innovation in products and distribution in our selected customer niches.
HIGHLIGHTS FOR THE YEAR ENDED DEC. 31, 2015:
Gross written premiums were up 5.6% to $2.012 billion from $1.905 billion in 2014.... More