Argo Q1 revenue up but hit by heavy cat losses
Total revenue was $372.3m versus $369.5m in the year-ago quarter
Gross written premiums were $404.5m versus $496.1m for the first quarter of 2009.
Net income was $20.7m or $0.67 per diluted share, compared to $27.0m or $0.88 per diluted share for the first quarter
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