Bermudian (re)insurer Arch Capital took a $4.8mn loss in its second quarter results from its investment in collateralised writer Aeolus.
Arch takes a 4 percent share in returns from Aeolus, which writes collateralised ultimate net loss and industry loss warranty (ILW) products.
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It is just one of the alternative reinsurance
providers that took a share of insured loss claims from first
quarter disasters including the New Zealand and Japanese
earthquakes.
Together capital market reinsurers may have contributed...
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