Arch CEO: Market now realising inadequacy of property cat rates
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Arch CEO: Market now realising inadequacy of property cat rates

Aisling Finn
27 October 2022
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Arch logo Bermuda with Grandisson.jpg

Arch CEO Marc Grandisson has said on a Q3 earnings call that the insurance market is beginning to realise that “property cat rates have been inadequate” for some time.

On a call where he addressed the impact of Hurricane Ian on the carrier’s latest results, and the wider industry, Grandisson said it would effectively be a quarterly event for Arch, thanks to “the underwriting discipline of our insurance...

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