Arch Capital increased rates by 30%-50% in 1.1 property cat renewals: CEO
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Arch Capital increased rates by 30%-50% in 1.1 property cat renewals: CEO

Kyoung-son Song
February 14, 2023
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Arch logo Bermuda with Grandisson.jpg

Arch CEO Marc Grandisson said the reinsurer achieved effective rate changes of 30%-50% and improved its terms and conditions for January 1 property cat renewals.

In a call with analysts, Grandisson said, “We anticipate these trends will continue at the mid-year property cat renewal, and should translate to strong property cat premium growth in 2023 for Arch.”

The

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Kyoung-son Song
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