A.M. Best assigned an initial financial strength rating of “A- (Excellent)” to Arch Reinsurance Limited, the company established in Bermuda by Arch Capital Group and several private investment funds, and a similar rating to its affiliate Arch Reinsurance Company, in Nebraska.
Best cited the experienced management team led by chairman and CEO Paul Ingrey and president Dwight Evans, and the strong capitalization, over $1 billion, as reasons for the rating.
However, the rating agency also noted, as it did in issuing ratings for AXIS Specialty (see IJ Website, Dec. 6), that the flood of new capital into the reinsurance market “may suppress necessary price firming and pressure future operating margins.”|”a.m., best, rates, arch, re, ‘a-, (excellent)’
Topics AM Best
Was this article valuable?
Here are more articles you may enjoy.
AI Models May Soon Self-Replicate Across Smart-Home Devices, Anthropic Warns 
Eastern States’ Grocers Shut Online Systems After Cyberattack 
Surplus Lines Leaders Remain Bullish on Outlook in a Shifting Market 
Florida Supreme Court Approves Board Certification in Insurance Law 
