Mortgage aids Arch as P&C insurance in the red

Arch Capital has reported operating earnings of $1.21 per share
that were in line with Wall Street's $1.20 per share estimate,
but above the prior-year period's $1.13 per share.
This represented an operating return on equity (RoE) of 8.5
percent for the period, 60 basis points (bps) below the prior-year
performance.
Net income stood at $1.25 per share versus $1.65 per share
generated in Q2 2016, translating into an RoE of 8.7 percent, 4.6
percentage points less year-on-year.
The group...