Arch Capital Group Ltd. (NASDAQ:ACGL) Files An 8-K Other Events
ITEM 8.01 Other Events.
planned acquisition of United Guaranty Corporation, a North
Carolina corporation (UG Corp), and AIG United Guaranty (Asia)
Limited (UG Asia and, together with UG Corp, United Guaranty),
which is more fully described in ACGLs Current Report on Form 8-K
dated August 15, 2016. Included in this Current Report on Form
8-K as Exhibit 99.1 are the historical unaudited financial
statements of United Guaranty as of the dates and for the periods
described in Item 9.01 below. Incorporated by reference in this
Current Report on Form 8-K as Exhibit 99.2 are the preliminary
unaudited pro forma condensed combined financial statements of
ACGL, giving effect to the acquisition of United Guaranty, as of
the dates and for the periods described in Item 9.01 below.
Historical audited consolidated financial statements of United
Guaranty at December 31, 2015 and 2014 and for each of the three
years in the period ended December 31, 2015 were previously filed
as an exhibit to ACGLs Current Report on Form 8-K filed on
September 22, 2016.
and there can be no assurance that the transaction will be
consummated as contemplated. For further information relating to
the acquisition, please see ACGLs Current Report on Form 8-K
dated August 15, 2016.
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EXHIBIT NO.
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DESCRIPTION
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99.1
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The historical unaudited condensed consolidated
financial statements of United Guaranty at September 30, 2016 and December 31, 2015 and for the nine months ended September 30, 2016 and 2015. |
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99.2
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Preliminary unaudited pro forma condensed combined
financial statements of Arch Capital Group Ltd., giving effect to the acquisition of United Guaranty, as of September 30, 2016, for the nine months ended September 30, 2016 and for the year ended December 31, 2015, incorporated by reference to Unaudited Pro Forma Condensed Combined Financial Statements in our preliminary prospectus supplement filed on November 9, 2016 to Rule 424(b)(2) to the Companys Registration Statement on Form S-3 (Registration No. 333-202440). |
amended, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly
authorized.
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ARCH CAPITAL GROUP LTD.
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Date: November 29, 2016
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By:
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/s/ Marc Grandisson
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Name:
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Marc Grandisson
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Title:
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President and Chief Operating Officer
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EXHIBIT NO.
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DESCRIPTION
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99.1
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The historical unaudited condensed consolidated
financial statements of United Guaranty at September 30, 2016 and December 31, 2015 and for the nine months ended September 30, 2016 and 2015. |
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99.2
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Preliminary unaudited pro forma condensed combined
financial statements of Arch Capital Group Ltd., giving effect to the acquisition of United Guaranty, as of September 30, 2016, for the nine months ended September 30, 2016 and for the year ended December 31, 2015, incorporated by reference to Unaudited Pro Forma Condensed Combined Financial Statements in our preliminary prospectus supplement filed on November 9, 2016 |
About Arch Capital Group Ltd. (NASDAQ:ACGL)
Arch Capital Group Ltd. writes insurance and reinsurance on worldwide basis. The Company operates in five segments: insurance, reinsurance, mortgage, other and corporate. The Company’s insurance, reinsurance and mortgage segments are underwriting segments. The insurance segment’s product lines include construction and national accounts; excess and surplus casualty; lenders products; professional lines; programs; property, energy, marine and aviation; travel, accident and health, and other, which includes alternative market risks and excess workers’ compensation. The reinsurance segment’s product lines include casualty; marine and aviation; other specialty; property catastrophe; property excluding property catastrophe, and other, which includes life reinsurance and casualty clash businesses. The mortgage segment includes the results of Arch Mortgage Insurance Company (Arch MI U.S.) and Arch Mortgage Insurance Designated Activity Company (Arch MI Europe). Arch Capital Group Ltd. (NASDAQ:ACGL) Recent Trading Information
Arch Capital Group Ltd. (NASDAQ:ACGL) closed its last trading session up +0.44 at 82.06 with 615,031 shares trading hands.
