Argo sees top and bottom line improvements

New York-listed carrier Argo Group reported a 4.7 percent rise
in third quarter operating profits to $24.6mn last night (26
October).
The post-tax operating income equated to $0.86 per diluted
share, narrowly surpassing the $0.81 seen in Q3 2014.
Average operating return on equity widened from 5.8 percent to
5.9 percent.
The Bermudian also saw top line growth in all of its divisions
except for international specialty, boosting group gross written
premiums by 6.9 percent to $531.4mn.
Pre-tax unde