Brief: Arch Insurance North America to Acquire Allianz’s U.S. MidCorp and Entertainment Insurance Businesses
05/04/2024 14:40
April 5 (Reuters) - Arch Capital Group Ltd ACGL.O :
* ARCH INSURANCE NORTH AMERICA TO ACQUIRE ALLIANZ’S U.S.
MIDCORP
AND ENTERTAINMENT INSURANCE BUSINESSES
* ARCH CAPITAL GROUP LTD - ARCH ESTIMATES ITS CAPITAL
REQUIREMENT
TO SUPPORT BUSINESS WILL BE APPROXIMATELY $1.4 BILLION
* ARCH CAPITAL GROUP LTD: PROPOSED DEAL FOR $450 MILLION
CASH
CONSIDERATION
Source text for Eikon: ID:nBw5J14sfa
Further company coverage: ACGL.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Arch Capital
See all newsBrief: Arch Capital Group Files For Mixed Shelf Size Not Disclosed
Arch Capital Group Ltd. reports results for the quarter ended September 30 - Earnings Summary
Arch Capital Q3 net income falls, catastrophe losses rise
Brief: Arch Capital Q3 Combined Ratio 82.5%
Arch Capital Group Ltd. expected to post earnings of $2.28 a share - Earnings Preview