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

24 February 2018

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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...


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