Arch Q2 UW gain up 26% to $762mn driven by jump in reinsurance and mortgage

Published: Tue 30 Jul 2024

Arch Capital’s Q2 underwriting profits increased by 26 percent to $762mn driven by a nearly 50 percent jump in its reinsurance gain to $366mn and a 13 percent upturn in mortgage, while the insurance unit’s underwriting gain rose by 1 percent to $109mn.