Profits slide at Arch Capital due to COVID-19 and cat losses

05-05-2020

Bermuda-based Arch Capital Group saw a sharp decline in its profitability in the first quarter of 2020, driven by catastrophe losses, including the impact of COVID-19 pandemic.


Arch Capital Group, Q1, 2020 Results, Catastrophe, Coronavirus, Insurance, Reinsurance, Bermuda

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