Arch capital group ltd. announces catastrophe loss estimates and provides update on share repurchase authorization

Pembroke, bermuda--(business wire)--arch capital group ltd. [nasdaq: acgl; “the company”] reports that its 2021 third quarter results will be negatively impacted by the effects of hurricane ida and the july flooding events in central europe, as well as from other minor global events. as a result, the company has established a range of pre-tax catastrophe losses of $330 million to $345 million in the 2021 third quarter across its property casualty insurance and reinsurance segments, net of reins
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