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0 -0.000689893066574666 -0.000689893066574666 0.000689893066574666 -0.00103483959986206 0.00155225939979297 -0.00379441186616073 0.000344946533287272
Stock impact report

Arch Mortgage Insurance Company Announces Ability to Comply with PMIERs 2.0

Arch Capital Group Ltd. (ACGL) 
Last arch capital group ltd. earnings: 2/11 04:31 pm Check Earnings Report
Company Research Source: Business Wire
GREENSBORO, N.C.--(BUSINESS WIRE)-- Arch Mortgage Insurance Company and United Guaranty Residential Insurance Company (together “Arch MI”) today provided guidance on their compliance under the revised Private Mortgage Insurer Eligibility Requirements (PMIERs 2.0) published by Fannie Mae and Freddie Mac on September 27, 2018. As previously disclosed, as of June 30, 2018, Arch MI satisfied the original PMIERs financial requirements with an estimated sufficiency ratio of 134%. Under the revised requirements of PMIERs 2.0, as of June 30, 2018, Arch MI’s sufficiency ratio (calculated as Available Assets divided by Required Assets as defined within PMIERs) would have been approximately 126% and its estimated Available Assets would continue to exceed the GSEs’ eligibility requirements. PMIERs 2.0 is not expected to have a significant impact on Arch MI’s operations or have a material impact on its capital positi Show less Read more
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