All the headlines from our Arch Capital Group Topic Page, ordered by recency.
Oct 9 2020 // Arch Capital Group Ltd., which had been reported to be pursuing a deal, has agreed acquire all the common shares of Watford Holdings Ltd. in an all-cash transaction valued at approximately $622 million, or $31.10 per...
Sep 23 2020 // Arch Insurance International has formed Arch Managing Agency Limited to mange its Lloyd’s units.Arch Managing Agency Limited, which brings together Arch Underwriting at Lloyd’s and Barbican Managing Agency Ltd....
Sep 9 2020 // 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...
Jun 5 2020 // 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...
Apr 16 2020 // 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...
Feb 25 2020 // 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...
Jan 17 2020 // Castel Underwriting Agencies Ltd., the managing general agent and club-style MGA formation platform, has announced the appointment of Raoul Carlos as head of Specialty as it structures its underwriting cells and MGAs into...
Dec 2 2019 // Arch Capital Group Ltd. announced the completion of its previously disclosed acquisition of Barbican Group Holdings Ltd. (Barbican), including Barbican Managing Agency Ltd., Lloyd’s Syndicate 1955, Castel...
Oct 8 2019 // Arch Capital Group Ltd. announced it expects to report third quarter 2019 pre-tax catastrophe losses of approximately $65 million to $75 million, net of reinsurance recoveries and reinstatement premiums. These losses are...
Sep 19 2019 // Arch Insurance (UK) Ltd., in collaboration with Marsh, the insurance broker and risk adviser, announced the launch of Blue Vault, a new solution to provide insurance protection for the secure storage of digital asset...
Aug 19 2019 // Arch Insurance North America has agreed to acquire Ventus Risk Management, a technology and analytics-driven managing general underwriter that specializes in providing coastal commercial property insurance solutions to...
Aug 15 2019 // Arch Specialty Insurance Co. is arguing in a recently filed a lawsuit that it shouldn’t have to cover the University of Southern California’s $215 million settlement in a case in which the school’s...
Jul 31 2019 // Arch Capital Group Ltd. has entered into an agreement to purchase Barbican Group Holdings Ltd. from funds managed by Carlson Capital, a U.S.-based alternative asset management firm, subject to regulatory approval.The...
Apr 30 2019 // Arch Insurance (UK) Ltd., the London-based subsidiary of Arch Insurance International, is set to enter the cyber insurance market with a new product focused on the needs of small and medium enterprise (SME) clients and...
Apr 3 2019 // Arch Insurance (UK) Ltd., part of Bermuda-based Arch Insurance International, has completed the acquisition of UK managing general agency Axiom Underwriting, having initially purchased a 60 percent share of the business in...
Mar 4 2019 // Arch Capital Group Ltd. said it has made some strategic leadership changes affecting innovation and investment, and mortgage insurance.The Bermuda-based specialty insurer and reinsurer named Andrew Rippert as chief...
Feb 22 2019 // 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...
Jan 31 2019 // Arch Insurance North America has named Eric Boquist executive vice president, retail energy. Boquist is based in Houston, Texas and will lead a newly created business unit focused on providing admitted middle market...
Jan 11 2019 // 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...
Jan 3 2019 // Arch Insurance Europe has completed the acquisition of the UK commercial lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment.The acquired business, which generated more than £150...