Arch Capital Group Ltd. announced that Janice Englesbe will join the company as senior vice president, chief risk officer (CRO) effective Feb. 25, 2019. Englesbe will be based in Arch’s Bermuda office and report to François Morin, the company’s executive …
Arch Capital Group Ltd. reported an estimated range of fourth quarter pre-tax losses of $110 million to $130 million from global natural catastrophes, including Hurricane Michael and California wildfires. These estimates are net of reinsurance recoveries and reinstatement premiums, said …
Arch Insurance Group, a division of Arch Capital Group Ltd., has launched a new network security & privacy product. The new Arch Netsafe 2.0 is designed to protect a company’s liability to third parties and their own business income and …
Bermuda-based Arch Capital Group Ltd. (ACGL) announced that Marc Grandisson will be promoted to the position of president and chief operating officer, effective Jan. 1, 2016. Grandisson, 48, joined the company in 2001 and currently serves as chairman and chief …
Bermuda-headquartered Arch Capital Group Ltd. reported net income available to common shareholders for the third quarter ending 2015 was $74.5 million, or $0.60 per share, compared to $223.2 million, or $1.64 per share, for the same period last year. For …
Standard & Poor’s sees a number of specialty insurers as potential takeover targets by both rival carriers and investors seeking to expand in the segment, thanks to stellar operating performance versus the P/C industry as a whole. The ratings entity …
EXOR SpA, the Agnelli family’s investment company, agreed to buy PartnerRe Ltd. for about $6.9 billion in its biggest single acquisition in more than a century after the reinsurer scrapped a deal with rival AXIS Capital Holdings Ltd. EXOR, which …
AXIS Capital Holdings Ltd. has not communicated with any potential acquirer, including Arch Capital Ltd., since it engaged in merger talks with competitor PartnerRe Ltd last fall, people familiar with the matter said on Thursday. The Financial Times wrote on …
Bermuda-based Arch Reinsurance Ltd., a member of Arch Capital Group Ltd., has completed the acquisition of Gulf Reinsurance Ltd. Gulf Re, a specialty reinsurer based in the Dubai International Financial Centre, was founded jointly by Arch and the Gulf Investment …
AXIS Capital Holdings Ltd. climbed in New York trading on Wednesday after “Insurance Insider” reported that the company, which has agreed to merge with PartnerRe Ltd., could draw a bid from Arch Capital Group Ltd. AXIS could attract an offer …
