Arch Capital News
Arch Capital Reportedly Leading $500M Bid for Reinsurer Watford Holdings
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 ...
Nationwide, Swiss Re Among Carriers Participating in Upcoming NYC InsurTech Accelerator Program
An accelerator for growth-stage InsurTech startups is launching in New York City this fall. Several carriers and brokers will be participating, including Nationwide, Swiss Re and more. InsurTech NY ...
Activist Shareholder to Watford: Sell Yourself or Go Into Runoff
Capital Returns Management LLC, the fifth largest shareholder of Watford Holdings Ltd., is urging the reinsurer to sell itself or be put into runoff. In a letter to Watford's board of directors, the ...
Arch: Dorian, Faxai Caused Up to $75M in Pre-Tax Cat Losses
Arch Capital Group Ltd. disclosed pre-tax catastrophe losses of between $65 million and $75 million for the 2019 third quarter. Damages caused by Hurricane Dorian and Typhoon Faxai are largely to ...
Two Arch Capital Subsidiaries Finalize Post-Brexit Plans
Some subsidiaries of Arch Capital Group have finalized some changes to the European operations as part of the company's broader Brexit plans. Arch Insurance EU (formerly Arch Mortgage Insurance), won ...
Arch Insurance Appoints Shulman to Lead North American Business; New Organizational Structure Added
Arch Insurance named a long-term executive at the company to lead its North American operations. Matt Shulman will take on the newly created role of CEO, Arch Insurance North America, effective Jan. ...
S&P Changes Lloyd’s Outlook to Negative; Cat Loss Tallies Continue
While affirming the A+ financial strength rating of the Society of Lloyd's, S&P Global Ratings announced said Thursday that it revised the rating outlook to negative from stable in the wake of ...
Trust Your Team: Arch Capital’s CEO Looks Back
Good communication and teamwork, creating a culture of collaboration, delegating to a team of experts, and doing what you love—these are just a few of the career leadership lessons named by ...