Arch Insurance International has announced the change of name of Barbican Syndicate 1955 to Arch Syndicate 1955, with effect from Jan. 1, 2021. The rebranding of Syndicate 1955 forms part of the ongoing integration of Barbican Insurance Group into Arch …
Arch Capital Group Ltd. and Watford Holdings Ltd. announced a revised definitive agreement under which Arch will acquire all of the common shares of Watford for $35.00 per share, in an all-cash offer valued at approximately $700 million. The deal …
Watford Holdings Ltd.’s board of directors announced they are considering an acquisition offer of $34.50 per share from Enstar Group which could be a “superior proposal” to the recent offer from Arch Capital Ltd. for approximately $622 million, or $31.10 …
Arch Capital Group Ltd. estimates its pretax third quarter natural catastrophe losses could range from $190 million to $210 million. These catastrophe events include Hurricanes Isaias, Laura, and Sally, as well as the derecho windstorm in the U.S. Midwest, California …
Enstar Group Ltd. has made a 100% cash offer to purchase Watford Holdings Ltd.for $31.00 per ordinary share, which amounts to $620 million. The Enstar offer is higher than another offer received recently from Arch Capital Group and a group …
A consortium led by insurer Arch Capital Group Ltd. has made an approximately $500 million offer to acquire reinsurance firm Watford Holdings Ltd , people familiar with the matter said on Tuesday. The bid comes more than a year after …
Arch Capital Group Ltd. has estimated a range of pre-tax catastrophe losses of $205 million to $225 million in the second quarter of 2020 across its property casualty insurance and reinsurance segments. Included in these estimates is a range of …
Arch Insurance International, part of Arch Capital Group Ltd., has today announced the appointment of Simon Williams to the position of active underwriter, Syndicate 1955. He will be supported by David Slade as deputy active underwriter, who has held the …
Arch Capital Group Ltd. said its estimated pre-tax losses for claims incurred due to the COVID-19 pandemic could reach $145 million. Breaking down the total, Arch said COVID-19 claims across its property casualty insurance and reinsurance segments ranged from $85 …
Arch Capital Group Ltd. has entered into a share purchase agreement with Natixis regarding the acquisition of a 29.5% stake in Coface, a France-based trade credit insurer. The transaction will be completed at a price of €10.70 per share, corresponding …
