Arch Capital expects CA wildfire impact of $450mn-$550mn: CEO
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Arch Capital expects CA wildfire impact of $450mn-$550mn: CEO

The firm pegged industry losses at $35bn-$45bn.

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Arch Capital expects its California wildfire losses to fall between $450mn-$550mn based on an industry market loss estimate of $35bn-$45bn, CEO Nicolas Papadopoulo said in the firm’s Q4 earnings disclosure.

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