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Insurer Arch Capital's profit jumps on underwriting, investment gains

Insurer Arch Capital Group
posted a 57.4% rise in first-quarter profit on Monday, driven by
strong underwriting and higher investment income.
Firming hopes of a soft landing for the. ....

Arasu Kannagi Basil , Tasim Zahid , Insurer Arch Capital Group , Arch Capital Group , Bermuda Based Arch , Casualty Insurance Index ,

Gazprom's Nord Stream sues insurers for more than $400M over 2022 Baltic Sea pipeline blasts

Nord Stream AG is seeking more than EUR 400 million ($436m) from its insurers for refusing to cover explosions in 2022 which ruptured pipelines designed to transport Russian gas to Germany, Financial Times reported on March 12. ....

City Of , United Kingdom , United States , New York , Baltic Sea , Oleksii Reznikov , Volodymyr Zelenskyy , Mykhailo Podolyak , London High Court , New York Times , Nord Stream , Financial Times , High Court , Bermuda Based Arch , Minister Oleksii Reznikov , Gas Pipelines , Nord Stream 2 Gas Pipeline , Lloyds Of London , Underwater Explosions ,

TNH's 50 Wealthiest Greeks in America List 2022: Numbers 30-21

TNH’s 50 Wealthiest Greeks in America List 2022: Numbers 50-41

TNH’s 50 Wealthiest Greeks in America List 2022: Numbers 39-31

30. STELIOS PAPADOPOULOS

Massachusetts

$262 MILLION (WallMine)

BIOTECHNOLOGY

New York University

The Greek-born Papadopoulos, 72, joined the board of ....

Perifereia Notiou Aigaiou , Boston College , United States , San Joaquin Valley , Baton Rouge , Roseville Arts Center , Ellis Island , New Jersey , New York , San Francisco , New Orleans , American School , Georgetown University , District Of Columbia , Greek Orthodox Cathedral Of The Holy Trinity , York School , New Jersey Performing Arts Center , New Hampshire , Perifereia Voreiou Aigaiou , Christopher Columbus High School , Rhode Island , Columbia University , Andover High School , Greek Orthodox Church , New York University , Crocker Art Museum ,

Arch Capital Estimates Q1 Catastrophe Losses Could Reach $190 Million

Arch Capital Estimates Q1 Catastrophe Losses Could Reach $190 Million
April 19, 2021
Arch Capital Group Ltd. estimated a range of pretax catastrophe losses of $180 million to $190 million for the first quarter across its property casualty insurance and reinsurance segments.
A major reason for the claims during Q1 will be January’s winter storms Uri and Viola in North America, as well as other minor global events, said Arch.
The losses are currently expected to be split approximately 80%/20% between the company’s reinsurance and insurance businesses, respectively.
Range of estimates is almost entirely for natural catastrophe events that occurred in the first quarter, said Bermuda-based Arch, noting these estimates include a de minimis amount for ongoing exposure to COVID-19 global pandemic claims in the current accident quarter. ....

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