Arch will reallocate capital from mortgage to P&C: Grandisson
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Arch will reallocate capital from mortgage to P&C: Grandisson

James Thaler
October 28, 2021
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arch-logo-bermuda-with-grandisson.jpg

Arch is looking to allocate more capital to its P&C insurance and reinsurance lines of business, CEO Marc Grandisson said on Thursday, reflecting strong ongoing P&C market conditions and representing a shift from its emphasis on growing its mortgage business in recent years.

P&C premiums at the (re)insurer have soared in the last 24 months, with the company most recently growing (re)insurance net written premiums by 24% in the third quarter, compared with only 0.8%

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