All the headlines from our Arch Capital Group Topic Page, ordered by recency.
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...
Nov 5 2018 // Arch Capital Group Ltd., a Bermuda-based provider of insurance, reinsurance and mortgage insurance, has entered into a definitive agreement to acquire McNeil & Co., a nationwide provider of specialized risk management...
Nov 1 2018 // Arch Insurance Europe has purchased the UK Commercial Lines business owned by The Ardonagh Group and part of its Geo Underwriting operating segment.The acquisition will give Arch a meaningful presence and an extended...
Oct 19 2018 // Arch Insurance announced that Matt Shulman will assume the newly created role of CEO, Arch Insurance North America, effective January 1, 2019. In this role, he will lead Arch Insurance’s operations in the United...
Sep 6 2018 // Valerie Turpin has joined Arch Insurance as executive vice president and Head of U.S. Property. She succeeds Michael Kmetz, who has taken a different role within the firm. In this position, Turpin will have oversight of...
Aug 6 2018 // Arch Capital Group Ltd. (ACGL), a globally diversified financial services group providing insurance, reinsurance and mortgage insurance, will open an operational hub in Raleigh, N.C., and create 365 new jobs over four...
Aug 2 2018 // American International Group Inc. announced that David H. McElroy will join the company as chief executive officer of Lexington Insurance Co. at a date to be determined.McElroy will lead Lexington Insurance Co. and report...
Jul 31 2018 // Arch Capital Group Ltd. (ACGL), a globally diversified financial services group providing insurance, reinsurance and mortgage insurance, will open an operational hub in Raleigh, N.C., and create 365 new jobs over four...
Jun 11 2018 // Bermuda-based Arch Capital Group Ltd. plans to expand the group’s underwriting operations in Dublin to ensure continuity of its operations across the European Union (EU) when the United Kingdom leaves the...
Mar 20 2018 // Marc Grandisson is the new CEO of Arch Capital Group. Ltd., following the previously announced retirement of longtime leader Constantine “Dinos” Iordanou.Arch disclosed in a regulatory filing that Grandisson,...
Jan 10 2018 // Arch Capital Group reports estimated pre-tax losses of $60 million to $75 million from fourth quarter catastrophic events, primarily the California wildfires.This estimated range of losses – net of reinsurance recoveries...
Jun 28 2017 // Arch Insurance announced additions to its travel insurance sales team. Cory Sobczyk and Dan Povondra have joined Arch Insurance as vice presidents of Business Development. Additionally, Lynn Barty has joined as regional...
Jan 9 2017 // Arch Insurance Group Inc. has named Matthew Parsons the regional vice president for its U.S. Construction division for the Western region. Parsons will be based in the company’s San Francisco, Calif. office and will...
Jan 4 2017 // American International Group said it has completed the $3.4 billion sale of its mortgage guaranty unit to Arch Capital Group.The deal to sell United Guaranty Corp. (UGC), first announced in August 2016, closed on Dec. 31....