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Bermuda-based re/insurer Arch Capital Group Ltd said yesterday that fourth-quarter profit fell 20 percent after the company paid out $22.5 million in losses related to December’s Australian floods. Arch said net income for the October through Decembe...

Arch Reinsurance Ltd. (Arch) (Bermuda) and its strategic affiliates have had their outlook revised to positive from stable and been affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a+” by AM Best Co. B...