Arch Capital Group Ltd. (NASDAQ:ACGL) Files An 8-K Results of Operations and Financial ConditionITEM 2.02Results of Operations and Financial Condition.
On January 9, 2018, Arch Capital Group Ltd. (the “Company”) issued a press release updating its estimate of the impact of 2017 fourth quarter catastrophic events and the impact of lower U.S. corporate tax rates beginning in 2018 on the Company's results of operations.
The information in this Current Report on Form8-K, including the information set forth in Exhibit99.1, shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
ITEM 9.01Financial Statements and Exhibits.
(d): The following exhibits are being filed herewith.
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EXHIBIT NO. |
DESCRIPTION |
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99.1 |
Press release, dated January 9, 2018
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ARCH CAPITAL GROUP LTD. ExhibitEX-99.1 2 ex9911918.htm EX 99.1 PRESS RELEASE Exhibit Exhibit 99.1ARCH CAPITAL GROUP LTD. ANNOUNCES UPDATED CATASTROPHE LOSS ESTIMATES AND OTHER INFORMATION RELATED TO OPERATIONS•Estimated $60 to $75 million related to 2017 fourth quarter catastrophic events,…To view the full exhibit click here
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).
