NASDAQ:ACGL
Arch Insurance North America to Acquire Allianz’s U.S. MidCorp and Entertainment Insurance Businesses
Arch Insurance North America (Arch Insurance), part of Arch Capital Group Ltd. (Nasdaq: ACGL) (Arch), today announces it has entered into a master transaction agreement to acquire the U.S. MidCorp and Entertainment insurance businesses, including select specialty insurance programs, from Allianz Global Corporate & Specialty SE (AGCS) for a $450 million cash consideration to Allianz.
- Arch Insurance North America (Arch Insurance), part of Arch Capital Group Ltd. (Nasdaq: ACGL) (Arch), today announces it has entered into a master transaction agreement to acquire the U.S. MidCorp and Entertainment insurance businesses, including select specialty insurance programs, from Allianz Global Corporate & Specialty SE (AGCS) for a $450 million cash consideration to Allianz.
- The businesses being acquired are written by Fireman’s Fund Insurance Company and its subsidiaries and collectively totaled $1.7 billion of gross premium written in 2023.
- “The acquisition of the MidCorp business meaningfully expands our presence in the U.S. middle market, a targeted growth area for Arch,” said Matt Shulman, CEO for Arch Insurance North America.
- This transaction builds upon Arch Insurance’s North America business that has delivered double-digit topline growth for five consecutive years.
Arch Capital Group Ltd. Releases 2023 Sustainability Reports
Arch Capital Group Ltd. (NASDAQ: ACGL, Arch, the Company) today announced it has released its 2023 Sustainability Report, Sustainability Accounting Standards Board Report and Task Force for Climate-related Financial Disclosures.
- Arch Capital Group Ltd. (NASDAQ: ACGL, Arch, the Company) today announced it has released its 2023 Sustainability Report, Sustainability Accounting Standards Board Report and Task Force for Climate-related Financial Disclosures.
- These three reports detail Arch’s environmental, social and governance (ESG) strategy, as well as the five key impact areas that support and drive the Company’s ESG initiatives: Business, Operations, Investments, People and Communities.
- Organized under these pillars, Arch tracks sustainable progress and celebrates collaborative successes across the enterprise.
- I’m proud of the progress that we’ve made to incorporate sustainability-driven thinking into core areas of our business and strengthen our ESG priorities.”
To learn more about ESG at Arch, or to download a copy of these reports, visit https://www.archgroup.com/sustainability-governance/ .
Arch Capital Group Ltd. to Report 2024 First Quarter Results on April 29
Arch Capital Group Ltd. (NASDAQ: ACGL) today announced it expects to release its 2024 first quarter results after the close of regular stock market hours on Monday, April 29.
- Arch Capital Group Ltd. (NASDAQ: ACGL) today announced it expects to release its 2024 first quarter results after the close of regular stock market hours on Monday, April 29.
- The Company will hold a conference call for investors and analysts at 11 a.m.
- ET on Tuesday, April 30.
- A recording of the webcast will be available in the Investors section of the Company’s website approximately two hours after the event concludes and will be archived on the site for one year.
Arch Capital Group Ltd. Reports 2023 Fourth Quarter Results
Arch Capital Group Ltd. to Report 2023 Fourth Quarter Results on February 14
Arch Capital Group Ltd. (NASDAQ: ACGL) today announced it expects to release its 2023 fourth quarter results after the close of regular stock market hours on Wednesday, Feb. 14.
- Arch Capital Group Ltd. (NASDAQ: ACGL) today announced it expects to release its 2023 fourth quarter results after the close of regular stock market hours on Wednesday, Feb. 14.
- The Company will hold a conference call for investors and analysts at 11 a.m.
- ET on Thursday, Feb. 15.
- A recording of the webcast will be available in the Investors section of the Company’s website approximately two hours after the event concludes and will be archived on the site for one year.
Arch Capital Group Ltd. Reports 2023 Third Quarter Results
Arch Capital Group Ltd. to Report 2023 Third Quarter Results on October 30
Arch Capital Group Ltd. (NASDAQ: ACGL) today announced it expects to release its 2023 third quarter results after the close of regular stock market hours on Monday, Oct. 30.
- Arch Capital Group Ltd. (NASDAQ: ACGL) today announced it expects to release its 2023 third quarter results after the close of regular stock market hours on Monday, Oct. 30.
- The Company will hold a conference call for investors and analysts at 11 a.m.
- ET on Tuesday, Oct. 31.
- A recording of the webcast will be available in the Investors section of the Company’s website approximately two hours after the event concludes and will be archived on the site for one year.
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