Argo Group International Holdings, Ltd. today announced financial results for the three and nine months ended September 30, 2021. Argo reported third quarter 2021 net income attributable to common shareholders of $19.8 million or $0.56 per diluted common share, compared to a net loss attributable to common shareholders of$ million or$ per diluted common.
Summary of Results Net Income was$ million for the nine months ended September 30, 2021, compared to $312.4 million for the same period in 2020. Net Income was$ million for the three months ended September 30, 2021, compared to $122.3 million for the same period in 2020. Adjusted Consolidated Net Operating Income decreased by $421.0 million for the nine months.
(Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board except as otherwise noted, and are unaudited.) TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces fiscal year 2020 net earnings of $218.4 million ($6.29 net earnings per diluted share after payment of preferred share dividends) compared to fiscal year 2019 net earnings of $2,004.1 million ($69.79 net earnings per diluted share after payment of preferred share dividends). Book value per basic share at December 31, 2020 was $478.33 compared to $486.10 at December 31, 2019 (an increase of 0.6% adjusted for the $10 per common share dividend paid in the first quarter of 2020). "In 2020 all of our insurance