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International

Arch Capital’s profit grows 68% in fourth quarter

February 10, 2021 Reprints

Bermuda-based specialty insurer Arch Capital Group Ltd.’s net profit increased over 68% year-on-year to $533 million in the fourth quarter of 2020, The Royal Gazette reported. Its pre-tax current accident year catastrophic losses hit $156.4 million, including $400,000 in Covid-19 related losses.

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Arch Capital’s profit grows 68% in fourth quarter

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