Markel reported a 17.5 percent drop in first quarter operating income even as the specialty insurer swung to a healthy underwriting gain and its combined ratio improved.
Chubb met Wall Street's consensus estimate for its first quarter earnings, while its results rose by 5.3 percent when catastrophe losses were excluded.
Arch Credit Services will help the carrier evaluate mortgage credit and underwriting advisory services related to its involvement in programs run by Fannie Mae and Freddie Mac.