Russia’s invasion of Ukraine about $57.2mn of estimated losses: Arch
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Russia’s invasion of Ukraine about $57.2mn of estimated losses: Arch

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Arch Capital has recorded around $57.2mn of estimated losses related to Russia’s ongoing invasion of Ukraine, management disclosed during the Bermudian’s Q1 earnings call.

The figure amounts to two thirds of the company’s $85.3mn Q1 cat losses net of reinsurance, which CFO Francois Morins said corresponded to the Ukraine war, while the last third came from other global cat events, such as the...

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