Storm

Arch losses from Chile quake $35-50m

Arch Capital has announced its losses from the effects of the Chilean earthquake to be in the range of $35m to $50m, net of reinsurance, retrocessions and reinstatement premiums.

US winter storms estimated to cost $2bn

Catastrophe risk modeling firm Eqecat said Friday afternoon (eastern time) that it estimates insured losses resulting from two February winter storms in the eastern United States will exceed $2bn, based on a preliminary assessment.

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