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Argo could suffer $35m Q1 cat loss

22 March 2010

Argo Group International Holdings announced today it expects its initial loss estimate from first quarter 2010 catastrophe events will be $25m to $35m, net of reinstatement premium and tax benefits.

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Argo Group International Holdings announced today it expects its initial loss estimate from first quarter 2010 catastrophe...


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Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
50%
$4bn-$5bn
25%
$5bn-$6bn
12%
$6bn-$7bn
12%
More than $7bn
0%

Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield