Argo estimates $20mn-$25mn Q4 cat losses

Argo Group has become the latest (re)insurer to pre-announce
fourth quarter cat losses ahead of the start of the reporting
season this month.
The Bermudian said it expects pre-tax losses from catastrophes
to be in the range of $20mn to $25mn for the period, net of
reinsurance and reinstatement premiums.
The company added that cat losses are primarily related to
Hurricane Matthew and other eventsincluding the New Zealand
earthquake - as well as late reported losses from prior-quarter
catastrophes