Argo Group (AGII) Tops Q1 EPS by 3c
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Argo Group Reports First Quarter Operating Income of $29.9 Million or $1.06 Per Diluted Share
May 2, 2016 4:00 PM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Argo Group International Holdings, Ltd. (NASDAQ: AGII) today announced financial results for the three months ended March 31, 2016.
2016 First Quarter Recap
Gross WrittenPremium$519.8 M 9.0%from 1Q 2015
    ÂCombinedRatio94.0%vs. 93.6%in 1Q 2015
    ÂPre-taxUnderwritingIncome$20.7 M 2.8%from 1Q 2015
    ÂAfter-taxOperatingIncome$29.9 M 10.5%from 1Q 2015
    ÂBook ValuePer Share$61.71 3.3%from 4Q 2015
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