Top line growth and stable underwriting profits at Argo

Argo's top line jumped by 9 percent in the first quarter but
profits at the Bermudian carrier slid by more than 10 percent.
The group reported that gross written premium had increased to
$519.8mn in Q1 2016 from $476.7 for the same period last year.
Meanwhile operating income fell to $29.9mn for the quarter from
$33.4mn for the first three months of 2015.
The group's combined ratio held up well with only a minor
deterioration from 93.6 percent to 94.0...