ACGL Stock Recent News

Arch Capital Group (ACGL) reachead $95.51 at the closing of the latest trading day, reflecting a -0.61% change compared to its last close.

In the closing of the recent trading day, Arch Capital Group (ACGL) stood at $90.83, denoting a +0.73% change from the preceding trading day.

Arch Capital Group Ltd.'s recent share price weakness presents a buying opportunity due to its strong fundamentals and impressive growth history in the insurance industry. The company excels in P&C insurance and reinsurance, with a well-diversified business and a conservative risk management approach, leading to robust profitability. Arch's recent acquisition of Allianz's U.S. commercial middle market and entertainment business enhances its diversification and scale, despite some integration risks.

PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL, “the Company”) today announced it expects to release its 2024 fourth quarter results after the close of regular stock market hours on Monday, February 10. The Company will hold a conference call for investors and analysts at 11 a.m. ET on Tuesday, February 11. A live webcast of this call will be available via the Investors section of the Company's website at http://www.archgroup.com/investors. A recording of the webcast.

In the most recent trading session, Arch Capital Group (ACGL) closed at $91.38, indicating a -1.05% shift from the previous trading day.

In the closing of the recent trading day, Arch Capital Group (ACGL) stood at $107.47, denoting a -0.55% change from the preceding trading day.

The U.S. property and casualty market is projected to grow at a 6.4% CAGR from 2024 to 2030, favoring Arch's diversified portfolio. In Q2 2024, ACGL's mortgage insurance segment maintained high credit quality, with 69.5% of new loans having FICO scores above 740. A 50-basis-point drop in interest rates could increase the Company's fixed-income portfolio by approximately $378 million.

PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (“Arch” or “the Company”) today announced it held a private memorial event to honor and celebrate the life of former CEO Dinos Iordanou on Oct. 14 in New York City. Attended by family members, close friends and long-time colleagues, the event paid tribute to Iordanou's lasting contributions to Arch and the insurance industry at large. “Dinos was full of life, always generous and an inspirational role model,” said Nicolas Papadopoulo, C.

PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL, “Arch,” “our” or “the Company”) today announced that Nicolas Papadopoulo has been named Chief Executive Officer and is joining the Board of Directors effective immediately. Papadopoulo has held his current positions of President and Chief Underwriting Officer since 2021 and previously served in various leadership and underwriting roles at the Company beginning in 2001. Marc Grandisson, who has served as CEO since 2018 an.

Arch Capital (ACGL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.