Analysts focus on Arch mortgage growth

Arch Capital Group benefited significantly from its mortgage
business in the fourth quarter as it reported consensus-beating
profits of $1.13 a share.
In its Q4 results released yesterday, Arch's existing
mortgage segment reported strong top and bottom line growth, as
gross written premiums climbed 50.7 percent to $138.3mn and
underwriting income jumped 139.7 percent to $42.3mn.
BMO Capital markets analyst Charles Sebaski said the mortgage
business had improved the overall Arch accident year und