Arch Capital

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.

The Bermudian also reported margin improvements and top line acceleration despite a decline in mortgage gross written premium.

David Longley will be responsible for further developing and expanding Arch’s portfolio.

Andrew Bauckham also served as chair of the Lloyd’s Market Association’s terrorism and PV panel.

Premia and Arch are pursuing AmTrust for costs relating to an RITC deal struck as part of the Canopius merger.

Arch launched a cargo and logistics division in March 2021, one of several carriers bringing new capacity to the market.

Plus this week’s Q1 results and all the top news of the week.

CEO Marc Grandisson said most of Arch’s exposure to the war comes via Lloyd's aviation, marine war businesses.

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%.

Based in London, the new senior underwriter will report to Austen Barnes and is responsible for delivering insurance solutions across multiple geographies and clients.

A New Jersey judge writes a scathing decision criticizing hospitality firms for attempting to claim physical damage from virus and misinterpreting policy language.