Arch Capital
-
Both parties expect to close the transaction on August 1, 2024.
-
Investor skepticism visible in stock prices and short interest data over first half of 2024.
-
A standalone syndicate could offer capital, trading, and licensing advantages.
-
Industry trends show the Axis book value growth goal may be hard to hit.
-
-
Analysis of 2023 statutory data shows that Californian insurers are leaning more heavily on reinsurers but at a nationwide level, premium cessions were more stable.
-
Strack has worked at Arch for close to four years.
-
There was no material development on long-tail casualty lines across all years, he said.
-
The Insurance Insider US news team runs you through the earnings results for the day.
-
Kirsten Valder has been with Arch for 10 years and before then was a partner at Kennedys Law.
-
Will Arch’s new acquisition be another success story, or more trouble than it’s worth?
-
The deal includes an LPT of ~$2bn loss reserves for 2016-2023 years with Arch Re.