Alternative Insurance Capital
Arch profits continue to bloom
Bermuda-based insurance and reinsurance group Arch saw nine-month net income rise to $196.9mn, compared with $15.5mn for the
first nine months of 2002. Net premiums rose to $2.11bn from $822.4mn. After-tax operating income for the first nine months
was $178.6mn, compared with $46.3mn for the same period last year.