Mortgage Risk Stellar Again With $3.4 Billion Wager on ‘New War’

  • Too many people put hands on stove and got burned, Arch says
  • Arch CEO Iordanou assures he won’t repeat rivals’ errors

Mortgage insurance, an industry that drove several companies to collapse or the brink of failure in the housing crisis, is again considered a safe bet as Arch Capital Group Ltd. Chief Executive Officer Dinos Iordanou reshapes his company by purchasing a loan guarantor from American International Group Inc.

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