All the headlines from our Arch Capital Group Topic Page, ordered by recency.
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....
Nov 7 2016 // Arch Insurance Group, a member of Arch Capital Group Ltd., has formed an exclusive underwriting partnership with American Specialty Insurance and Risk Services, Inc. (a division of Brown & Brown) to offer customized...
May 20 2016 // Arch Insurance Europe announced that Matthew Shulman will be appointed president and chief executive officer, effective July 1, 2016.Shulman joined Arch Insurance U.S. in 2009 and currently serves as executive vice...
Apr 4 2016 // Watford Re Ltd. has formed a new excess and surplus lines insurer called Watford Specialty Insurance Co. (WSIC), based in Morristown, N.J.WSIC’s lines of business “will be similar to what we’ve been...
Mar 8 2016 // Affinity Nonprofits, a division of Aon Affinity, in partnership with Arch Insurance Group, has launched a nationwide property and casualty insurance product for the nonprofit social service sector, including organizations...
Dec 10 2015 // Meredith Whitney, the former banking analyst hired by Arch Capital Group Ltd. to help oversee the insurer’s stock portfolio, will also work with the company’s investment team to review possible alternative...
Nov 12 2015 // 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...
Oct 29 2015 // 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,...