Argo reports jump in profits
Argo reported full year net income of $117.5m or $3.81 per share up from net income of $62.9m or $2.05 per share, up from $97.6m, or $3.17 per share, in 2008.
The Bermudian (re)insurer said that net written premiums rose to $1.4bn over the course of the year, up from $1.15bn in 2008.
The combined ratio for the year fell to 96.9% from 100.5% in 2008.
Argo
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