Arch top line swells 41% in Q2 as underwriting gain nears $400mn
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Arch top line swells 41% in Q2 as underwriting gain nears $400mn

James Thaler
July 28, 2021
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Underwriting profits at Bermuda-based (re)insurer Arch soared to nearly $400mn in the second quarter, powered by a rapid return to profits in the mortgage unit and strong gains in both the insurance and reinsurance segments.

On Wednesday, Arch reported $1.00 a share in operating income, cruising past the $0.85 a share that analysts had predicted.

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Topics

NewsResultsArch CapitalBermudaEarnings
JT
James Thaler
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