Arch Capital Group (ACGL) Announces Catastrophe Loss Estimates
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Arch Capital Group Ltd. Announces Catastrophe Loss Estimates
April 16, 2021 8:45 AM EDTEstimated pretax net catastrophe losses of $180 million to $190 million across the property casualty insurance and reinsurance segments in the 2021 first quarter. Range of estimates is almost entirely for natural catastrophe events that occurred in the first quarter.
PEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. [NASDAQ: ACGL; the Company] reports that its 2021 first quarter results will be negatively impacted by the effects of North American winter storms Uri and Viola that occurred in February, as well as from other minor global events. As a result, the Company has established a range of pretax... More
