Arch Capital
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Reinsurers are mostly aligned on cat reinsurance, but goals are otherwise diverse. -
The Bermudian said its pursuit of SMEs through M&A will provide sustainable improvements to its bottom line.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The unit will include both ocean and inland marine coverage.
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Sources said MarshBerry was retained earlier this year to run the sale.
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The days of 30%+ growth are probably behind the firm, he said.
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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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