Arch Capital
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Ratings agencies suggest that carriers must do better on controlling volatility – but diverging risk appetites give the lie to the idea that the industry is walking away from risk. -
Arch Capital CEO Marc Grandisson told analysts on an investor call today that the industry has started incorporating higher inflation into models.
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The Bermudian also reported margin improvements and top line acceleration despite a decline in mortgage gross written premium.
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David Longley will be responsible for further developing and expanding Arch’s portfolio.
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Andrew Bauckham also served as chair of the Lloyd’s Market Association’s terrorism and PV panel.
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Premia and Arch are pursuing AmTrust for costs relating to an RITC deal struck as part of the Canopius merger.
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Arch launched a cargo and logistics division in March 2021, one of several carriers bringing new capacity to the market.
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Plus this week’s Q1 results and all the top news of the week.
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CEO Marc Grandisson said most of Arch’s exposure to the war comes via Lloyd's aviation, marine war businesses.
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The firm recorded a third consecutive margin improvement in the first quarter of 2022 as its core loss ratio narrowed by 2.7 points to 49.3%.
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Based in London, the new senior underwriter will report to Austen Barnes and is responsible for delivering insurance solutions across multiple geographies and clients.
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A New Jersey judge writes a scathing decision criticizing hospitality firms for attempting to claim physical damage from virus and misinterpreting policy language.
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