Arch Insurance (Bermuda), a division of Arch Reinsurance Ltd., announced that, effective June 30, 2003, they will expand their excess liability capacity from $40 million to $50 million.
“This additional capacity will allow us to better serve our clients,” stated Terry Pimentel, Casualty Underwriting Manager at Arch Insurance (Bermuda). Arch Reinsurance Ltd. is a subsidiary of Arch Capital Group Ltd., which is also based in Bermuda.
Was this article valuable?
Here are more articles you may enjoy.
Lawsuit Over Burger King’s Whopper Ads Set Back by Federal Judge 
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance 
Death of Teenager on Carnival Cruise Ship Ruled a Homicide 
Taiping Insurance Shares Hit by Over $200 Million Exposure to Hong Kong Fire 
