Argo
-
The executive will oversee a roughly $300mn book of business, and replaces Jim Cornwall, who left the carrier in April. -
Argo’s US marine business offers inland marine products such as trucking cargo cover, as well as contractors' equipment and sports equipment policies.
-
Following strong year-to-date performance, P&C stocks were down in June after a change of tone in a Fed meeting.
-
The post Covid-19 return to work creates opportunities in professional liability.
-
The move comes amid a reassessment of ESG by (re)insurers.
-
Activist investors are successfully learning how to navigate a regulated industry.
-
Kevin Rehnberg says the carrier is disappointed with the level of catastrophe losses but expects less volatility going forward.
-
The US-focused specialty insurer dropped its core loss ratio by almost two points as it delivered its best underlying underwriting result since 2016.
-
The program services company has added Argo’s head of construction.
-
Claims from Winter Storm Uri will cost the carrier about $43mn, before tax.
-
Landi has led Argo’s US management liability platform since his arrival at the business in 2016.
-
Corrections to historical numbers push the net loss down to $58.7mn.
