Arch Capital's Quarterly Profit Sharply Higher
NU Online News Service, May 13, 2:53 p.m. EDT?Arch Capital Group Ltd. first-quarter income rose $48.5 million to $52.5 million, or 78 cents per share, based on stronger underwriting performance, both in insurance and reinsurance segments, the company reported.
In the comparable period in 2002, the Bermuda-based company reported $4 million, or eight cents on a per-share basis.
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