StockWatch: Argo shares plunge nearly 10% on Q3 loss warning
Shares in Argo Group plummeted 9.59% in the seven days to Wednesday’s close after chief executive, Mark Watson, warned third-quarter
results would be adversely affected by factors including current and prior-year accident losses and cat losses. On October
30 Argo’s stock was down 7.81% year-to-date, second-worst among
Insurance Day’s selected stocks behind only Hiscox (-8.02%).