Latest Arch Capital Group Headlines
All the headlines from our Arch Capital Group Topic Page, ordered by recency.
Best Revises Arch Capital and Subs Outlook to Positive; Affirms Ratings
Feb 2 2011 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Bermuda’s Arch...
Arch Capital Posts $141.6 Q3 Net Income; Operating $130.7 Million
Oct 27 2010 // The Bermuda-based Arch Capital Group Ltd. reported its results for the third quarter of 2010 on Tuesday. Net income available to common shareholders for the period was $141.6 million, or $2.77 per share, compared to $274.4...
Arch Insurance Group Launches New Coverage for Nonprofit Organizations
Sep 24 2010 // Arch Insurance Group (Arch), a member of Arch Capital Group Ltd., has unveiled Arch Canopy Policy for Nonprofit Organizations. Nonprofit organizations are increasingly vulnerable to the expanding types of litigation which...
S&P Raises Arch Capital Group’s Ratings to ‘A-‘; Outlook Stable
Jul 29 2010 // Standard & Poor’s Ratings Services has raised its counterparty credit rating on Arch Capital Group Ltd. to ‘A-‘ from ‘BBB+’. S&P also raised its counterparty credit and financial...
Arch Capital Reports $210.5 Million Q1 Net Income
Apr 28 2010 // The Bermuda-based Arch Capital Group Ltd. reported that net income available to common shareholders for the 2010 first quarter was $210.5 million, or $3.79 per share, compared to $139.9 million, or $2.24 per share, for the...
Arch Capital Posts $284.7 Million Q4 Net Income; Conference Call Today
Feb 17 2010 // The Bermuda-based Arch Capital Group Ltd reported that net income available to common shareholders for the 2009 fourth quarter of $284.7 million, or $4.75 per share, compared to a net loss to common shareholders of $143.0...
Best Affirms Arch Re and Affiliates ‘A’ Ratings; Stable Outlook
Dec 16 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of Bermuda-based Arch Reinsurance Ltd. and its reinsured affiliates. Best...
Arch Capital Reports Substantial Rise in Q3, 9-Month Net Income
Oct 27 2009 // The Bermuda-based Arch Capital Group reported that net income available to common shareholders for the 2009 third quarter was $274.4 million, or $4.39 per share, compared to $26.4 million, or $0.42 per share, for the 2008...
Ratings: Syndicate 2003 (Catlin), La Colonial, United, Arch, Ballantyne Re
Sep 2 2009 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 2003, which is managed by Catlin Underwriting Agency...
Arch Capital Reports Q2 Results
Jul 24 2009 // The Bermuda-based Arch Capital Group Ltd. reported net income available to common shareholders for the 2009 second quarter at $152.1 million, or $2.43 per share, compared to $192.3 million, or $2.92 per share, for the 2008...
Ratings Roundup: Arch Capital, American Safety, Parkton Re
Jul 13 2009 // Standard & Poor’s Ratings Services has revised its outlook on Bermuda-based insurance and reinsurance holding company Arch Capital Group Ltd.(ACGL) and its operating subsidiaries to positive from stable....
Arch Insurance Group Names McElroy to Executive Team
Jun 8 2009 // New York-based insurer Arch Insurance Group has named David McElroy to its executive management team. He will serve as president of the newly created Financial and Professional Liability Products Group of Arch...
CEO Iordanou to Succeed Ingrey as Arch Capital Chairman
May 13 2009 // The Bermuda-based Arch Capital Group Ltd. announced that Constantine (Dinos) Iordanou, President and CEO, has been appointed to the additional position of Chairman of the Board, effective November 2009. He will succeed...
Arch Capital Posts $140 Million Q1 Net
Apr 30 2009 // The Bermuda-based Arch Capital Group reported that net income available to common shareholders for the 2009 first quarter was $139.9 million, or $2.24 per share, compared to $189.4 million, or $2.78 per share, in Q1 2008...
Business Moves
Apr 6 2009 // AIG American International Group (AIG) has taken down the most prominent sign at its downtown Manhattan offices. According to a Reuters report, the company replaced the large AIG sign — outside the entrance to its...
Business Moves
Apr 6 2009 // AIG American International Group (AIG) has taken down the most prominent sign at its downtown Manhattan offices. According to a Reuters report, the company replaced the large AIG sign — outside the entrance to its...
Arch Europe to Establish New Lloyd’s Syndicate
Mar 17 2009 // Arch Insurance Company (Europe) Limited, a subsidiary of Bermuda-based Arch Capital Group Ltd., announced that it has received approval from Lloyd’s to establish a new syndicate, which is slated to commence...
Arch Capital Gives Preliminary Earnings Estimates
Jan 30 2009 // The Bermuda-based Arch Capital Group Ltd. announced that it expects to report after-tax operating income available for common shareholders in the range of $75 million to $90 million for the 2008 fourth...
Kerr Named Arch Canada CEO
Nov 17 2008 // Arch Capital Group announced that Gordon (Gord) Kerr has accepted the position of CEO and Chief Agent of Arch Insurance Group’s Canadian insurance operations. Arch Insurance Group is a division of Arch Capital Group....
Ratings Recap: Arch Re (Europe), Singapore Re, AIG (Taiwan), Eurasia, Hyundai (China)
Nov 10 2008 // Standard & Poor’s Ratings Services has assigned its ‘A’ counterparty credit and financial strength ratings to Arch Reinsurance Europe Underwriting Ltd. (Arch Re Europe), a newly formed Ireland-based...
