The Bermuda-based company, which has its U.S. headquarters in San Antonio, lost $5.8...
Kevin Rehnberg is CEO of Argo Group International Holdings Ltd., a Bermuda-based specialty insurer that has its U.S. headquarters in San Antonio.Argo Group International Holdings Ltd.’s losses narrowed in 2021 as the company said it made progress on its strategic plan of becoming a U.S.-focused specialty insurer.
For the fourth quarter, Argo lost $118.8 million, or $3.41 a share, on $531.3 million in revenue. It lost $3.5 million, or 10 cents a share, on $520.8 million in revenue in the same period in 2020. The latest results were affected by expenses that increased more than $140 million.
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