Operator
Good day, ladies and gentlemen, and welcome to the First Quarter 2021 Arch Capital Group Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded. Before the company gets started with its update, management wants to first remind everyone that certain statements in today s press release and discussed on this call may constitute forward-looking statements under the federal securities laws. These statements are based upon management s current assessments and assumptions and are subject to a number of risks and uncertainties. Consequently, actual results may differ materially from those expressed or implied. For more information on the risks and other factors that may affect future performance, investors should review periodic reports that are filed by the company with the SEC from time to time.
Arch Capital profit rises to $427 8m royalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from royalgazette.com Daily Mail and Mail on Sunday newspapers.
Share this article
Share this article
SAN FRANCISCO, April 27, 2021 /PRNewswire/ Delos Insurance Solutions, using aerospace expertise to solve insurance availability and affordability issues, today announced an agreement with A+-rated reinsurance companies that will result in a five-fold increase in insurance capacity for California homeowners in areas prone to wildfires. The new reinsurance capacity is provided by Arch Reinsurance Ltd. (Bermuda) and the Lloyd s of London syndicate, Arch Syndicate 1955 (formerly Barbican Syndicate 1955). Both companies are part of the Arch Capital Group, Ltd., which is rated A+ by A.M. Best.
Delos, which was founded by aerospace engineers, uses satellite imagery and proprietary modeling technology to quantify a home s actual wildfire exposure – to address a frequent miscategorization between exposed and stressed. The Delos model identifies homes in stressed areas of California that cannot find insurance protection but are not highly
Arch Capital teams up with Women Who Code royalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from royalgazette.com Daily Mail and Mail on Sunday newspapers.