ACGL - Dividend announcements

Longtime Arch executives David Gansberg and Maamoun Rajeh named Presidents of Arch Capital Group Ltd. Arch Capital Group Ltd. (NASDAQ:ACGL, "Arch" or "the Company")) today announced that its Board of Directors (Board) has declared a special cash dividend (special dividend) of $1.9 billion to common shareholders, representing $5.00 per outstanding common share. The special dividend is payable on Dec. 4, 2024, to common shareholders of record on Nov. 18, 2024. "Arch is operating from a position of strength with a long track record of superior performance that is among the best in the insurance industry," Arch CEO Nicolas Papadopoulo said. "As part of our ongoing capital management responsib

Arch Capital Group Ltd. (NASDAQ:ACGL) announced today that it completed the redemption on Sept. 30, 2021 (the "Redemption Date") of all 18,000 of its outstanding 5.25% Series E Non-Cumulative Preferred Shares (the "Series E Preferred Shares") represented by 18,000,000 depositary shares, each of which represents a 1/1,000th interest in a Series E Preferred Share (the "Depositary Shares" and together with the Series E Preferred Shares, the "Shares"). All of the Series E Preferred Shares were redeemed at a redemption price equal to $25,000 per Series E Preferred Share (or $25.00 per Depositary Share; the "Redemption Price"). The Redemption Price was paid on the Redemption Date to holders of r

Arch Capital Group Ltd. (NASDAQ:ACGL) announced today that it has called for redemption on Sept. 30, 2021 (the "Redemption Date") all 18,000 of its outstanding 5.25% Series E Non-Cumulative Preferred Shares (the "Series E Preferred Shares") represented by 18,000,000 depositary shares each of which represents a 1/1,000th interest in a Series E Preferred Share (the "Depositary Shares" and together with the Series E Preferred Shares, the "Shares"). The Series E Preferred Shares will be redeemed at a redemption price equal to $25,000 per Series E Preferred Share (or $25.00 per Depositary Share) (the "Redemption Price"). The Redemption Price will be paid on the Redemption Date to holders of reco

Arch Capital Group Ltd. (NASDAQ:ACGL) announces its 2021 first quarter results. The results included: Net income available to Arch common shareholders of $427.8 million, or $1.05 per share, a 13.9% annualized return on average common equity, compared to $133.7 million, or $0.32 per share, for the 2020 first quarter; After-tax operating income available to Arch common shareholders(1) of $239.8 million, or $0.59 per share, a 7.8% annualized return on average common equity, compared to $189.8 million, or $0.46 per share, for the 2020 first quarter; Pre-tax current accident year catastrophic losses for the Company's insurance and reinsurance segments, net of reinsurance and reinstatement

PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL) announces its 2020 fourth quarter results. The results included: Net income available to Arch common shareholders of $533.1 million, or $1.30 per share, a 17.8% annualized return on average common equity, compared to $316.0 million, or $0.76 per share, for the 2019 fourth quarter; After-tax operating income available to Arch common shareholders(1) of $230.4 million, or $0.56 per share, a 7.7% annualized return on average common equity, compared to $308.4 million, or $0.74 per share, for the 2019 fourth quarter; Pre-tax current accident year catastrophic losses for the Company’s insurance and reinsuran