XL America to buy Argonaut's risk management renewals.Bermuda-based XL Capital Group Ltd. said its U.S. holding company has agreed to acquire the renewal rights to "a substantial portion" of Argonaut Insurance Co.'s risk management book of business in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Mark E. Watson III, president and chief executive officer of Argonaut, said it's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have part of Argonaut's transformation to a national specialty underwriter underwriter n. a company or person which/who underwrites an insurance policy, issue of corporate securities, business, or project. (See: underwrite) UNDERWRITER, insurances. One who signs a policy of insurance, by which he becomes an insurer. in the niche segments of excess and surplus, select markets and public entity coverage. |
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