Arch Capital
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The days of 30%+ growth are probably behind the firm, he said. -
Overall, the company’s underwriting income fell 43% to $417mn in the first quarter.
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GAAP reserve triangles reveal the struggles of some hybrid franchises.
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The company, meanwhile, is bullish on E&S US casualty.
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The Insurance Insider US news team runs you through the earnings results for the day.
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Robin Hamilton has been appointed head of energy and marine liability.
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New CEO Williamson will likely continue walking the hybrid path, with an emphasis on fixing US casualty.
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Tim Watson most recently served as a senior credit and political risk underwriter.
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Jelle Ouwehand joined Arch from Marsh, where he was a senior terrorism, PV and war broker.
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A signal around Q4 adverse development has brought the carrier into the spotlight.
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Both appointments are effective immediately.
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Arch stands out among hybrids, but Axis and Everest grind it out.
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