Argo: Promise of a new day
On Friday March 12, Argo management held an analyst day/investor update outlining its progress on its previously disclosed initiatives. It provided several steps which it anticipates will enable it to hit an 8%-10% return on common equity by 2022.
We have covered Argo in detail in the past and more recently Inside P&C has opined on its options. Our intent below is to outline some of the initiatives discussed on Friday in further detail.
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