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Arch Capital Group Ltd. [ACGLO]

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Arch Capital Group Ltd. operates as a global insurance and reinsurance company, providing property, casualty, and mortgage insurance and reinsurance lines through its subsidiaries. Headquartered in Pembroke, Bermuda, with significant operations in the United States, Europe, Canada, and Australia, the company operates through three primary segments: insurance, reinsurance, and mortgage. The insurance segment offers specialty lines including construction, energy, marine, aviation, and professional liability coverage to commercial customers. Its reinsurance operations provide treaty and facultative reinsurance across property, casualty, and specialty lines to insurance companies worldwide. The mortgage segment, operating primarily through Arch MI, provides mortgage insurance and related services to U.S. mortgage lenders and servicers. Arch Capital serves clients through a network of underwriting offices and operates with approximately 4,500 employees globally. The company reported gross premiums written of approximately $14.2 billion in 2023. Known for its disciplined underwriting approach and strong capital position, Arch Capital maintains an A+ rating from A.M. Best. The company has expanded its capabilities through strategic acquisitions, including Watford Re in 2022, strengthening its reinsurance platform. Arch Capital's shares trade on NASDAQ under multiple ticker symbols representing different preferred stock series, with ACGLO being one of its preferred share classes.