Arch estimates pre-tax Q3 net cat losses at $530mn-$560mn
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Arch estimates pre-tax Q3 net cat losses at $530mn-$560mn

Arch logo storm hurricane damage.jpg

Arch Capital has pegged its estimated Q3 pre-tax net catastrophe losses at $530mn-$560mn, impacted by Hurricane Ian, as well as other events like US convective storms, Typhoon Nanmadol and hailstorms in France.

The Bermudian carrier said that the cat losses will be spread across its P&C insurance and reinsurance books, net of reinsurance recoveries and reinstatement premiums.


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