Arch Capital Group Q4 Earnings Call Highlights

Morin highlighted an overall ex-cat accident year combined ratio of 79.5% for the quarter, down 100 basis points from the prior quarter. Results benefited from $118 million of favorable prior development (pre-tax), which he said represented 2.8 points on the overall combined ratio. He said favorable development was recognized across all three segments, with the most significant improvements again seen in short-tail P&C lines and in mortgage due to strong cure activity.Chief Financial Officer François Morin ...