Uncertainty driving price hikes above loss trends: Arch’s Grandisson
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Uncertainty driving price hikes above loss trends: Arch’s Grandisson

Arch logo with Grandisson bermuda blur.jpg

A higher level of volatility in the loss environment has continued to drive the significant rate increases that many executives said are well ahead of loss trends, Arch CEO Marc Grandisson told analysts on Thursday.

Grandisson was speaking after Arch more than doubled its fourth quarter underwriting income to $472mn. The executive was answering a question about the progress of loss trends that have contributed to a continued upturn in the pricing cycle.

“I

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