Prolonged hard market cycle may last a while: Arch
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Prolonged hard market cycle may last a while: Arch

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Arch CEO Marc Grandisson has said the current hard market is one of the longest the firm has experienced, and that momentum should continue.

Speaking on the firm’s Q2 earnings call, Grandisson said conditions were being sustained by heightened uncertainty, which is driving an imbalance of supply and demand for insurance coverage.

Since

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