** Insurer Arch Capital Group's ACGL.O shares fall over 4% to $87.79 in morning trading
** Co reported a more than 60% fall in quarterly profit on Monday
** Profit available to common shareholders was $925 million, or $2.42 per share, for the three months ended December 31, compared with $2.32 billion, or $6.12 per share, last year
** Co's losses and loss adjustment expenses jumped 45.6% to $2.38 bln
** Co forecast its share of the California wildfires-related losses between $450 million and $550 million
** Thirteen of 17 brokerages rate the stock "buy" or higher, and 4 "hold"; their median PT is $120 - data compiled by LSEG
** Including session's moves, ACGL shares down over 4% YTD; stock rose 30.8% in 2024
(Reporting by Ateev Bhandari in Bengaluru)
((Ateev.Bhandari@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。