- At issue is the company's property facultative reinsurance operations. Arch (ACGL -2.6%) expects a hit (relative to normal profitability) of $38M in Q2, related to losses incurred on a small number of contracts across multiple underwriting years.
- Arch notes the operation has been consistently and significantly profitable since its 2007 inception.
Arch Capital Group -2.6% after profit warning
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Symbol | Last Price | % Chg |
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ACGL | - | - |
Arch Capital Group Ltd. |