Arch misses with $107mn loss in Q3

Arch Capital missed analyst expectations for the third quarter -
posting a larger-than-expected $107.1mn after-tax operating loss -
despite forecast catastrophe claims that fell within the expected
range.
The $0.79 per share loss was significantly shy of the consensus
estimate of a $0.61 per share deficit expected by Wall Street
analysts surveyed by Reuters.
The Bermuda-domiciled (re)insurer pegged after-tax net
catastrophe losses at $319.8mn for the quarter which fell within
the $285mn to $345m