Insight and Intelligence on (Re)insurance Convergence with the Capital Markets

24 February 2018

Search archive

Arch puts Q4 net losses at $0.8mn

13 February 2018

Arch Capital has put its fourth quarter net catastrophe losses at just $0.8mn, as losses from the Californian wildfires were offset by reductions to its claims linked to third quarter hurricanes.

The firm's California wildfire losses were $68.4mn, with $1.5mn of losses for other events in the quarter. These were countered by $69.1mn of reductions from the HIM losses.

The reduction meant that Arch Capital's operating profit surged 32 percent in the fourth quarter.

The carrier posted operating earnings of...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership


Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.