Arch warns on $38m property fac reinsurance hit


Bermuda-based Arch Capital Group said June 6 that it expects its 2017 second quarter pre-tax underwriting income to be adversely impacted by approximately $38 million relative to the quarterly run rate level of profitability associated with its property facultative reinsurance operations.

Arch Capital Group, Reinsurance, Profit, Property, Bermuda

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