Arch’s Q3 CoR rises 5.9 points to 97.3% amid $550.8mn cat loss
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Arch’s Q3 CoR rises 5.9 points to 97.3% amid $550.8mn cat loss

Arch logo map finance bermuda.jpg

Arch Capital has reported a 5.9-point deterioration in its combined ratio to 97.3% in the third quarter, as the Bermuda (re)insurer booked a $550.8mn net loss from catastrophes including Hurricane Ian, Typhoon Nanmadol and French hailstorms.

The $550.8mn figure can be broken down into $391.8mn in its reinsurance business and $159mn in its insurance unit.


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