Arch MI Secures Over $506 Million of Indemnity Reinsurance from Insurance-linked Security Transaction
Arch Capital Group Ltd. (ACGL)
Last arch capital group ltd. earnings: 2/11 04:31 pm
Check Earnings Report
US:NASDAQ Investor Relations:
snl.com/irweblinkx/corporateprofile.aspx?iid=103577
Company Research
Source: Business Wire
GREENSBORO, N.C.--(BUSINESS WIRE)-- Arch Mortgage Insurance Company (“Arch MI”) announced today that it has obtained $506,110,000 of indemnity reinsurance from Bellemeade Re 2018-3 Ltd., a special purpose reinsurer. The reinsurance is for a portfolio of mortgage insurance (MI) policies issued by Arch MI and affiliates primarily during the first half of 2018. The most senior M-1A class notes received an A rating from Morningstar Credit Ratings, LLC. This transaction marks the third time this year that Arch MI has accessed the capital markets for a risk transfer involving an MI portfolio. For 2018, these three transactions have garnered $1.534 billion of reinsurance protection for loans representing more than $136 billion of unpaid principal balance. Bellemeade Re 2018-3 Ltd. is funding its reinsurance obligations through the issuance of four classes of amortizing notes with 10-year legal final mat
Show less
Read more
Impact Snapshot
Event Time:
ACGL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACGL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACGL alerts
High impacting Arch Capital Group Ltd. news events
Weekly update
A roundup of the hottest topics
ACGL
News
- Baltimore bridge collision may be the largest insured marine loss ever [Seeking Alpha]Seeking Alpha
- Arch Capital Group Insiders Sold US$71m Of Shares Suggesting Hesitancy [Yahoo! Finance]Yahoo! Finance
- Arch Capital Group Ltd. to Report 2024 First Quarter Results on April 29Business Wire
- Baltimore bridge collapse should be 'manageable loss' for insurers, Wells Fargo says [Seeking Alpha]Seeking Alpha
- Is Ellington Residential Mortgage REIT (EARN) Stock Outpacing Its Finance Peers This Year? [Yahoo! Finance]Yahoo! Finance
ACGL
Earnings
- 2/14/24 - Beat
ACGL
Sec Filings
- 3/12/24 - Form 4
- 3/8/24 - Form 4
- 3/7/24 - Form 4
- ACGL's page on the SEC website