Arch estimates pre-tax Q3 net cat losses at $530mn-$560mn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Arch estimates pre-tax Q3 net cat losses at $530mn-$560mn

Jairo Ibarra
October 18, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Arch logo storm hurricane damage.jpg

Arch Capital has pegged its estimated Q3 pre-tax net catastrophe losses at $530mn-$560mn, impacted by Hurricane Ian, as well as other events like US convective storms, Typhoon Nanmadol and hailstorms in France.

The Bermudian carrier said that the cat losses will be spread across its P&C insurance and reinsurance books, net of reinsurance recoveries and reinstatement premiums.

Arch

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsBermudaArch CapitalClaims and losses
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article