Arch Capital
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The Bermudian (re)insurer’s earnings of $0.77 per share beat consensus a consensus estimate of $0.67.
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The executive left Markel late last year and reports to head of financial lines Gavin Stanley at his new employer.
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The chances of an MBO led by CEO David Reeves seem to be at an end, as a possible new Lloyd’s entry route opens for Premia.
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Lloyd’s underwriters, Arch and Lexington will need to reach a new accord with victims of Allen Stanford’s $5bn investment fraud.
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The appointment of Clive Archer follows the departure of Tim Mackenzie last month.
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The international GL specialist departs after nine years.
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Former Vibe casualty treaty underwriter Archer to step into Barbican role.
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Arch Capital backed hedge fund carrier’s outlook graded “stable”.
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First-quarter combined ratios deteriorated at most Bermuda-based (re)insurers.
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The total return reinsurer reported a strong return in its first set of results as a public company.
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Arch’s chief executive said that Jebi business interruption exposures fuelled loss creep in the market.
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The Bermudian (re)insurer surpassed consensus expectations in the first quarter with operating earnings of $0.67.
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