Arch underlying improvements in property (re)insurance to persist 2-3 years: CEO Grandisson
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Arch underlying improvements in property (re)insurance to persist 2-3 years: CEO Grandisson

Arch logo Bermuda with Grandisson.jpg

Arch Capital CEO Marc Grandisson said the company expects the underlying improvements in property (re)insurance to continue for two to three years.

On a call with analysts, the executive noted that property reinsurance prices increased at a “much higher” pace, by 30%-60% at January 1 renewals.

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