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Argo Group estimates $23M in Q2 pretax cat losses

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Argo Group estimates $23M in Q2 pretax cat losses

Argo GroupInternational Holdings Ltd. estimates pretax losses fromcatastrophes of $23 million, net of reinsurance and reinstatement premiums, forthe second quarter.

The company said the catastrophe losses in the quarter areprimarily related to the Canadian wildfires and weather-related events in theU.S.