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Arch estimates Q1 cat loss of up to $65m

22 March 2010

Bermudian insurance and reinsurance firm Arch Capital Group today announced the catastrophic events of the first quarter of 2010 will have a negative effect on pre-tax earnings for the quarter.

Read more: arch capital

Bermudian insurance and reinsurance firm Arch Capital Group today announced the catastrophic events of the first quarter of 2010 will...


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For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.

Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
44%
$4bn-$5bn
22%
$5bn-$6bn
11%
$6bn-$7bn
22%
More than $7bn
0%

Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield