Arch revises Q4 cat loss estimates; anticipates write down due to tax changes


Arch Capital Group has established a range of pre-tax losses of $60 million to $75 million, net of reinsurance recoveries and reinstatement premiums, the catastrophic events in the fourth quarter of 2017. These included a series of wildfires in California and a series of smaller catastrophe events occurred around the globe.

Arch Capital Group, Q4, Cat losses, Reinsurance, Insurance, Hurricanes, Wildfire, US tax changes, Bermuda

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