Arch Capital

The insurer has filed a complaint in a New York court in a bid to recover costs from the former employee.

Street-beating earnings of $1.69 a share driven by mortgage segment gains.

Catalina today announced it had assumed a portfolio of run-off US P&C liabilities from Arch Re, with net outstanding reserves of about $410mn.

Arch Credit Services will help the carrier evaluate mortgage credit and underwriting advisory services related to its involvement in programs run by Fannie Mae and Freddie Mac.

Barbican is exploring the possibility of a reinsurance-to-close transaction for the 2016 and prior years of account, The Insurance Insider understands.

Investment returns remained subdued year-on-year for the vast majority of the companies in our analysis, ranging from 1.7 percent to 6.5 percent for the third quarter.