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Arch Capital boosts ILS assets, eyes expansion

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Bermuda-based reinsurer Arch Capital Group Ltd. increased the amount of insurance-linked securities capital under its management by 20% within one year to $600 million in 2017, Artemis.bm reports citing sources. Arch Capital's ILS assets-under-management totaled $500 million in August 2017. The reinsurer is likely to set up a dedicated unit to expand its ILS capital management operations, sources said.

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