Arch U/W income more than doubles to $472mn off sharply lower catastrophes
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Arch U/W income more than doubles to $472mn off sharply lower catastrophes

James Thaler
February 09, 2022
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arch-logo-bermuda-jt-2021.jpg

Underwriting income at Arch Capital more than doubled to $472mn in the fourth quarter, as the Bermuda (re)insurer cut its cat loss bill and improved core underwriting margins.

On Wednesday, the company said it earned $1.27 in operating income per share, breezing past the $0.56 per share it earned in the fourth quarter of 2020, and well ahead of analysts’ $1.00-per-share

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