Argo group comments on results for fourth quarter 2019

Argo group comments on results for fourth quarter 2019, schedules earnings release and conference call.argo group comments on results for q4 2019, schedules earnings release and conference call.argo group international holdings ltd - results for q4 of 2019 will be adversely affected by certain loss and expense items.argo group - items affecting q4 include prior accident year losses of approximately $77 million or 18.0 points on argo's consolidated loss ratio for q4.argo group - items affecting q4 include additional operating expenses of about $12 million or 2.9 points related to costs associated with reduction in workforce.argo group international holdings ltd - expects to report an underwriting loss of approximately $114 million for quarter.argo group - goodwill impairment of about $16 million related to argo's european business unit will be reflected in q4 results.argo group international holdings ltd - industry is experiencing rising claims severity in several lines of business.argo group - experiencing substantial rate increases across our platform, with strong double-digit gains in international & certain u.s. liability lines.
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