Arch Capital estimates up to $95M in losses for virus claims
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Business Insurance - Apr 16, 2020
Arch Capital Group Ltd. expects to see pre-tax losses across its property/casualty insurance and reinsurance segments of $85 million to $95 million for claims incurred due to the COVID-19 pandemic as of March 31, net of reinsurance recoveries and reinstatement premiums, the company said in a stateme...
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