Published: Tue 30 Oct 2018

Arch posts Q3 combined ratio of 82 percent despite $58.2mn cat losses

Bermudian blue chip Arch Capital Group Ltd estimated today it will take a $40mn-$60mn net hit from Hurricane Michael in its fourth quarter results, which it expects to cost (re)insurers $7bn-$10bn overall.

Bermuda

Arch

Losses

Results

Published: Tue 30 Oct 2018

KBW points to Arch’s “deep bench” as it maintains outperform rating after investor day

Arch promotes Gansberg and Rajeh and unveils $1.9bn special dividend

Arch posts Q3 combined ratio of 82 percent despite $58.2mn cat losses

Want to read this article?

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

Ricky Lamey

Business development executive

Related articles:

KBW points to Arch’s “deep bench” as it maintains outperform rating after investor day

Arch promotes Gansberg and Rajeh and unveils $1.9bn special dividend

Arch adds public and employers’ liability to IQ platform

Arch’s Papadopoulo: Helene and Milton to stabilise prop cat market

Arch CR deteriorates by 8.7 points to 86.6% in cat impacted Q3 earnings beat

Arch parts ways with cyber product leader Saeed

Read more:

New Mountain Fire moratorium protects 200K policyholders as Aon predicts “notable” losses from blaze

Marsh McLennan’s $7.75bn acquisition of McGriff completes

TheGuarantors adds Hudson and Trisura to capacity panel

Trump tariffs could knock 5% off global trade growth: Allianz Trade

COP29: A round-up of the first week's discussions

Morningstar DBRS warns of €4bn+ insured losses from Spanish floods