Insurance Day
Bermuda’s Arch sees profits up
By Jonathan Rest
BERMUDA’S
Arch Capital, which has agreed to invest in new Bermudian reinsurer Aeolus, has reported profit of $267m for the first half of 2006, 10%
up on last year. Operating income for the period also rose, 40% to $314m, while underwriting profit was $202m, compared with
$162m in 2005.