Arch financial results News

Casualty Reinsurance Still Attractive: Arch Capital CEO

While writing primary casualty insurance is more appealing than writing casualty reinsurance, the chief executive of Arch Capital said casualty reinsurance business remains attractive for his company. Speaking during an earnings conference call on Feb. 10, after reporting $3.5 billion …

Arch Capital Estimates Q3 Catastrophe Losses Could Hit $560 Million

Arch Capital Group Ltd., the Bermuda-based re/insurer, reports that its 2022 third quarter results will be negatively affected by claims from global catastrophe events such as Hurricane Ian, U.S. convective storms, Typhoon Nanmadol (which hit Japan in September), and French …

RenaissanceRe and Arch Capital Estimate Impact of Q3 Natural Catastrophes

RenaissanceRe Holdings Ltd. estimated losses from certain catastrophe events will have a net negative impact of approximately $725 million on the company’s third quarter 2021 results. This estimate is primarily composed of net negative impacts of approximately $440 million from …

Arch Capital Group Estimates Q3 Natural Catastrophe Losses of $190M-$210M

Arch Capital Group Ltd. estimates its pretax third quarter natural catastrophe losses could range from $190 million to $210 million. These catastrophe events include Hurricanes Isaias, Laura, and Sally, as well as the derecho windstorm in the U.S. Midwest, California …