Insurance Segment GrowthInsurance segment gross written premiums came in at $2,484 million reflecting 28% YoY growth, which was ahead of consensus of $2,423 million.
Market PositionArch stands to be one of the biggest beneficiaries of the P&C hard market due to its global distribution and underwriting expertise.
Reinsurance PerformanceReinsurance segment showed strong underwriting, with a core combined ratio of 74.8% vs consensus of 76.1%.