Arch Capital
-
The Insider 50 closed at 1,023.07 points on Friday, rising 1.4 percent in the first full trading week of 2019.
-
Arch updated its Q4 cat estimate to $110mn to $130mn, inclusive of its prior $40mn to $60mn Michael loss. -
Expectations of rate rises and outsized catastrophe losses resulted in a subdued annual performance for the composite index.
-
The £31mn deal includes MGA Geo Underwriting.
-
About four-fifths of stocks in the index decline and none manages gains of more than 1 percent.
-
Michael Price joins after over nine years at Arch.
-
Watson becomes class underwriter for property treaty.
-
He succeeds Matt Shulman, who was named CEO of Arch Insurance North America last month.
-
Above-average cat losses dominate discussions during the P&C earnings season.
-
Carriers disclose heavy cat losses as well as mixed underlying performances, as business mix shift continues.
-
While Barbican Syndicate 1955 is withdrawing its paper, the MGA will continue using other carriers’ capacity.
-
The Cortland, New York-based firm has long done business with the acquiring entity
Most Recent
-
Upland Specialty to establish London MGA
10 July 2025 -
Talbot head of operations Janaway to exit
10 July 2025 -
Daily Digest: Top news from 10 July
10 July 2025