Arch Capital to recoup a further $7.5mn from Claveau Re
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Arch Capital to recoup a further $7.5mn from Claveau Re

The bond is trading at 70c-75c in the dollar in the secondary market.

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Arch Capital is in line to recoup a further 5% of principal from its Claveau Re 2021-1A bond after Perils finalised its industry loss estimate for the Turkey-Syria quake at $6.2bn

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