Latest Arch Capital Group Headlines
All the headlines from our Arch Capital Group Topic Page, ordered by recency.
Arch Capital Reports Q4 Net Income of Just Over $100M for 2005
Feb 13 2006 // Bermuda-based Arch Capital Group Ltd. reported that net income for the 2005 fourth quarter was $100.9 million, or $1.34 per share, compared to $107.1 million, or $1.45 per share, for the 2004 fourth quarter. For the year...
Arch Capital Names Grandisson Chairman, CEO of Arch Worldwide Re
Nov 17 2005 // Bermuda-based Arch Capital Group Ltd. announced that Marc Grandisson has been promoted to the position of chairman and CEO of Arch Worldwide Reinsurance Group, effective immediately. He succeeds Dwight Evans, one of the...
Arch Capital Sees Wilma Losses in the Range of $40-$60 Million
Nov 11 2005 // Bermuda-based Arch Capital Group Ltd. announced that it expects after-tax earnings for the 2005 fourth quarter to be negatively impacted by the effects of Hurricane Wilma in the range of $40 million to $60 million based on...
Best Affirms FSR for Arch Insurance Co. (Europe)
Nov 1 2005 // A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Arch Insurance Company (Europe) Limited (Arch Europe) (United Kingdom). The outlook for both...
Arch Capital Posts $86.3 Million Q3 Loss from Hurricanes
Oct 28 2005 // The Bermuda-based Arch Capital Group Ltd. has duly taken its turn at the hurricane whipping post, reporting a third quarter net loss of $86.3 million, or $1.15 per share â??on a pro forma basisâ?? (explained in a...
Arch Insurance Redesigns Web site
Sep 30 2005 // Arch Insurance Group, a division of Arch Capital Group Ltd., has redesigned its Web site with fresh content, easy-to-use navigation, and special features for both brokers and customers. “We’ve embarked on an...
Arch Capital Estimates Q3 Katrina Impact at $110 to $160M
Sep 19 2005 // Bermuda-based Arch Capital Group Ltd. announced that it expects third quarter operating earnings to be negatively impacted by the effects of Hurricane Katrina in the range of $110 to $160 million, after tax. “These...
Arch Capital Group Sees Q2 Gain
Jul 28 2005 // Bermuda-based Arch Capital Group Ltd. reported that net income for the 2005 second quarter was $126.0 million, or $1.69 per share, compared to $104.3 million, or $1.42 per share, for the 2004 second quarter, and $241.9...
Brown & Brown, Arch Insurance Announce Liability Program
Jun 7 2005 // Brown & Brown Public Entity Services, a division of Program Management Services, Inc., a subsidiary of Brown & Brown, Inc., of Lake Mary, Fla. has announced a nationwide program agreement with the Arch Insurance...
Arch Subpoena from N.Y. AG Concerns Lawyers Malpractice Insurance Program
Dec 6 2004 // Arch Capital Group Ltd. (Nasdaq:ACGL) announced that, on December 2, 2004, Arch Insurance Group received a subpoena from the New York State Attorney General. The subpoena requested certain information concerning its...
Arch Capital Q3 Results: $18 Million Net Income; $9.1 Million Operating
Oct 29 2004 // Bermuda-based Arch Capital Group Ltd. reported third quarter net income of $18.0 million, or 25 cents per share, compared to $82.6 million, or $1.22 per share, for the comparable period in 2003. For the 9 months ended...
Arch Insurance Group’s Palmer to Lead Central Region
Aug 25 2004 // Arch Insurance Group, a division of Arch Capital Group Ltd., recently announced that William Palmer has been promoted to executive vice president of the Central Region. In his new role, Palmer will oversee all aspects of...
Arch Capital Unveils Q2 Numbers
Jul 29 2004 // Bermuda-based Arch Capital Group Ltd. reports that net income for the 2004 second quarter was $104.3 million, or $1.42 per share, compared to $61.8 million, or $0.91 per share, for the 2003 second quarter, and $191.7...
Arch Insurance Announces $25 Million in New Capacity for Railroad Industry
May 26 2004 // Arch Insurance Group, a division of Bermuda-based Arch Capital Group Ltd., announced its entrance into the railroad arena with up to $25 million in new capacity, which it said will provide “an additional market for a...
S&P Assigns Ratings to Arch Capital Debt
Apr 30 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “BBB-” senior debt rating to Arch Capital Group Ltd.’s $300 million 30-year senior debt issue announced on April 27. (See...
Arch Capital Plans $300 Million Debt Offering; Insurance Unit Appoints McClintock Chief Info Officer
Apr 28 2004 // Bermuda-based Arch Capital Group Ltd. announced that it plans to commence the marketing for a public offering of $300 million principal amount of its senior notes. Arch Insurance Group, a division of Arch Capital,...
Arch Capital Plans Public Offering
Mar 15 2004 // Bermuda-based Arch Capital Group Ltd. announced that it plans to commence marketing for a public offering of 7,285,000 of its common shares. The company will sell 4,425,000 common shares and up to an additional 2,860,000...
S&P Assigns Arch Capital ‘BBB-‘ Rating
Feb 24 2004 // Standard & Poor’s Ratings Services assigned its announced that it has assigned a “BBB-” counterparty credit rating to the Bermuda-based Arch Capital Group Ltd., with a stable outlook. “The...
Arch Capital Reports $83.7 Million Q4 Net; $280.6 Million Full Year
Feb 18 2004 // Bermuda-based Arch Capital Group Ltd. reported that its net income for the 2003 fourth quarter was $83.7 million, or $1.22 per share, compared to $43.5 million, or $0.65 per share, for the 2002 fourth quarter. Net income...
Arch Capital Reports $82.6 million Q3 Net; Files for $500 Million Offering
Nov 4 2003 // Bermuda-based Arch Capital Group Ltd. reported net income for the 2003 third quarter of $82.6 million, or $1.22 per share, compared to a net loss of $7.7 million, or $0.36 per share for the third quarter of 2002. It also...
