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Insurance Day

Argo's Q4 operating loss deepens on LPT charge

Bermuda-based carrier books $100m charge in connection with a loss portfolio transfer deal with Enstar

Bermudian specialty insurer Argo Group's operating loss deepened to $94.5m in the fourth quarter from $61.8m a year earlier, after the group posted a $100m charge in connection with a loss portfolio transfer deal with Enstar.

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