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Top Stories / Ad / Most Recent
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The settlement will be paid in the third quarter.
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Watford is facing its first investor call since its activist campaign began. -
The hedge fund reinsurer disclosed $5.2mn in Covid-19 losses, primarily from property cat reinsurance.
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Covid-19 claims added $173mn to Arch’s $207mn Q2 loss figure.
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The underwriter reported continued improvement in underlying results with its second quarter results.
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O’Donnell said that the environment of “pervasive claims fraud” remains unchanged in Florida.
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Project is in its early stages, with a round of meetings held to stress test it with PE firms.
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The reinsurer’s combined ratio improved to 78.5% from 81.3% in the prior year quarter.
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The company reported operating income of $0.84 per share, compared with analysts’ consensus of $0.35.
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The former Chubb Tempest Re chief takes over following the collapse of the sale of the business to Covea.
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The ratings agency has lowered the carrier’s rating by a notch because of capital adequacy concerns.
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Following last week when the market heard from Travelers, Berkley, RLI, Employers, and Old Republic, the Q2 earnings season kicks into high gear this week.
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