Arch Capital Group Ltd. Announces Catastrophe Loss Estimates
Arch Capital Group Ltd. (ACGL)
Last arch capital group ltd. earnings: 2/11 04:31 pm
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US:NASDAQ Investor Relations:
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Source: Business Wire
Estimated pretax net catastrophe losses of $190 million to $210 million across the property casualty insurance and reinsurance segments in the 2020 third quarter.Range of estimates is mostly for natural catastrophe events that occurred in the third quarter, but also includes a range of estimates of $10 million to $15 million for exposure to COVID-19 global pandemic claims.The loss estimate does not include any potential losses from the mortgage insurance segment. The Company will report on the mortgage insurance segment results when it releases its 2020 third quarter results. PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. [NASDAQ: ACGL; “the Company”] reports that its 2020 third quarter results will be negatively impacted by a set of catastrophe events that occurred during the third quarter, including Hurricanes Isaias, Laura, and Sally, the Derecho Windstorm, California Wildfires and other minor global events. As a result, the Company has established a range of pretax
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News
- Unlocking Q1 Potential of Arch Capital (ACGL): Exploring Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Madison Mid Cap Fund Q1 2024 Investment Strategy Letter [Seeking Alpha]Seeking Alpha
- Arch Capital Group Ltd. (ACGL) Benefitted From Attractive Market Conditions [Yahoo! Finance]Yahoo! Finance
- Arch Capital Group Ltd. (NASDAQ: ACGL) had its price target raised by analysts at Morgan Stanley from $104.00 to $109.00. They now have an "overweight" rating on the stock.MarketBeat
- Arch Capital Group Ltd. (NASDAQ: ACGL) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $100.00 price target on the stock.MarketBeat
ACGL
Earnings
- 2/14/24 - Beat
ACGL
Sec Filings
- 4/5/24 - Form 8-K
- 3/28/24 - Form ARS
- 3/28/24 - Form DEFA14A
- ACGL's page on the SEC website