Arch Capital’s Q4 2023 combined ratio deteriorated by 5.4 points to 78.9%, as the company’s pre-tax catastrophe losses quadrupled year-on-year to $137mn.
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Arch Capital Q4 CoR rises 5.4 points to 78.9% on higher cat losses
During the quarter, it booked $137mn in cat losses versus $34mn a year ago.