Arch's FY net income more than halves
Arch Capital, the Bermudian (re)insurer, reported a fourth quarter net loss of $142.9m, down from a net gain of $234m in the same period of 2007. Arch's full-year net income result more than halved to $265.1m, down from $832m the year before.
The group reported after-tax operating income of $85.9m - in the range that Arch previously stated. - it expects to report after-tax operating income available for common shareholders in the range of
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