Filed Under:Agent Broker, E&S/Specialty Business

Argo Q4 Income Drops 89%; Arch Down 40%

NU Online News Service, Feb. 15, 12:59 p.m. EST

Argo Group International Holdings says 2011 fourth-quarter net income was down 89 percent while fellow Bermuda-based insurer and reinsurer Arch Capital Group says net income fell 40 percent during the last quarter.

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