Arch Capital Grp Ltd (ACGL) 81.56 $ACGL America
Post# of 273254
American International (AIG) to Get $240M from Ascot Sale
Zacks Equity Research - Zacks Investment Research - Mon Sep 19, 9:28AM CDT
Though the deal is valued at $1.1 billion, American International (AIG) will get $240 million for its 20% share in business and ownership of a related unit.
JRVR: 35.24 (+0.78), ACGL: 81.56 (+0.58), AIG: 58.09 (+0.25), MTG: 8.02 (+0.05)
XL Catlin Braces in Australia, to Add Brooklyn Underwriting
Zacks Equity Research - Zacks Investment Research - Fri Sep 16, 8:30AM CDT
XL Catlin, the global brand name used by XL Group Ltd.'s (XL), has entered into a definitive agreement to acquire Brooklyn Underwriting Pty Limited and Brooklyn IT Pty Limited ("Brooklyn" from their beneficial owner Paul Hines.
BRO: 37.61 (+0.39), ACGL: 81.56 (+0.58), AIG: 58.09 (+0.25), XL: 34.31 (+0.70)
Downgrade Alert for Arch Capital (ACGL)
Comtex SmarTrend(R) - Fri Sep 16, 3:10AM CDT
Arch Capital (NASDAQ:ACGL) was downgraded from Overweight to Equal Weight at Barclays Capital today. The stock closed yesterday at $80.74 on volume of 563,000 shares, above average daily volume of 335,000. Arch Capital Group Ltd. is a Bermuda-based insurance and financial services company that provides reinsurance and insurance products on a worldwide basis.
ACGL: 81.56 (+0.58)
Brown & Brown (BRO) Ramps Up Legal Professional Liability
Zacks Equity Research - Zacks Investment Research - Thu Sep 15, 9:18AM CDT
Brown & Brown of Connecticut, Inc., a subsidiary of Brown & Brown, Inc. (BRO), recently acquired the assets of Kronholm Insurance Services, Inc.
BRO: 37.61 (+0.39), FAF: 41.02 (+0.37), ACGL: 81.56 (+0.58), AIG: 58.09 (+0.25)
Upgrade Alert for Arch Capital (ACGL)
Comtex SmarTrend(R) - Thu Sep 08, 3:13AM CDT
Arch Capital (NASDAQ:ACGL) was upgraded from Sell to Neutral at Goldman Sachs today. The stock closed yesterday at $83.15 on volume of 449,000 shares, above average daily volume of 335,000. In the past 52 weeks, shares of Arch Capital have traded between a low of $59.83 and a high of $82.70 and closed yesterday at $83.15, which is 39% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has remained constant.
ACGL: 81.56 (+0.58)
First American's New Deal to Boost Title & Property Business
Zacks Equity Research - Zacks Investment Research - Wed Sep 07, 9:26AM CDT
First American Financial Corporation (FAF) recently entered into an agreement to acquire RedVision Systems, Inc.
FAF: 41.02 (+0.37), FLT: 170.87 (+3.22), ACGL: 81.56 (+0.58), AIG: 58.09 (+0.25)
American International Recalibrates, Sells Taiwan Business
Zacks Equity Research - Zacks Investment Research - Thu Sep 01, 8:21AM CDT
American International Group, Inc. (AIG) announced the completion of the sale of AIG Taiwan Insurance Co. Ltd's consumer and small and mid-sized (SME) enterprise business.
JRVR: 35.24 (+0.78), ACGL: 81.56 (+0.58), AIG: 58.09 (+0.25), NATL: 32.54 (+0.07)
American International Mulling Over Lloyds Insurance Sale
Zacks Equity Research - Zacks Investment Research - Wed Aug 24, 8:02AM CDT
American International (AIG) plans to sell its sale of its insurance operations related to Lloyd's of London as a part of its business restructuring.
JRVR: 35.24 (+0.78), ACGL: 81.56 (+0.58), AIG: 58.09 (+0.25)
Should American Financial (AFG) Stock Be in Your Portfolio?
Zacks Equity Research - Zacks Investment Research - Fri Aug 19, 9:51AM CDT
On Aug 19, Zacks Investment Research downgraded American Financial Group Inc. (AFG) to a Zacks Rank #3 (Hold).
AGII: 56.12 (+0.58), CINF: 75.57 (+0.81), AFG: 75.49 (+1.10), ACGL: 81.56 (+0.58)
United Insurance (UIHC) to Merge with American Coastal Unit
Zacks Equity Research - Zacks Investment Research - Thu Aug 18, 4:34PM CDT
United Insurance Holdings Corp. (UIHC) recently announced a merger agreement with RDX Holding LLC.
UIHC: 16.62 (+0.28), AIZ: 90.70 (+1.40), AFG: 75.49 (+1.10), ACGL: 81.56 (+0.58)
A.M. Best Places Ratings of Arch Capital Group Ltd. and Its Subsidiaries under Review with Developing Implications
BusinessWire - Wed Aug 17, 11:34AM CDT
A.M. Best has placed under review with developing implications the financial strength ratings (FSR) of A+ (Superior) and the issuer credit ratings (ICR) of "aa-" of Arch Reinsurance Ltd. (Hamilton, Bermuda) [NASDAQ: ACGL] and its strategic affiliates. Additionally, A.M. Best has also placed under review with developing implications the ICRs of "a-" and the issue ratings of Arch Capital Group Ltd. (Hamilton, Bermuda) and Arch Capital Group (US) Inc. (Delaware). (See below for a detailed listing of the companies and ratings).
ACGL: 81.56 (+0.58)
American International Group to Divest Mortgage Business
Zacks Equity Research - Zacks Investment Research - Wed Aug 17, 9:06AM CDT
American International (AIG) to divest Mortgage business to turn into leaner and a more focused company.
JRVR: 35.24 (+0.78), ACGL: 81.56 (+0.58), AIG: 58.09 (+0.25)
After Yesterday's Rally of 4.54% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Aug 16, 3:01PM CDT
Arch Capital (NASDAQ:ACGL) traded in a range yesterday that spanned from a low of $78.46 to a high of $80.92. Yesterday, the shares gained 4.5%, which took the trading range above the 3-day high of $77.26 on volume of 568,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
ACGL: 81.56 (+0.58)
Fitch: AIG Ratings Unaffected By UGC Proposed Sale Announcement
BusinessWire - Tue Aug 16, 11:14AM CDT
According to Fitch Ratings, all of American International Group, Inc.'s (AIG) ratings, including the 'A-' Long-Term Issuer Default Rating (IDR) with a Stable Rating Outlook and 'BBB+' senior debt ratings, are unaffected by the company's announcement yesterday that an agreement was reached to sell 100% of mortgage insurer United Guaranty Corporation (UGC) to Arch Capital Group (Arch) for $3.4 billion.
ACGL: 81.56 (+0.58), AIG: 58.09 (+0.25)
Fitch Places Arch Capital's IDR and Debt on Negative Watch; Affirms 'A+' IFS Ratings
BusinessWire - Tue Aug 16, 10:19AM CDT
Fitch Ratings has placed the following ratings of Arch Capital Group Ltd. (ACGL) on Rating Watch Negative:
ACGL: 81.56 (+0.58)
Arch Capital to Expand Private Mortgage Insurance Business
Zacks Equity Research - Zacks Investment Research - Tue Aug 16, 9:55AM CDT
Arch Capital Group Ltd. (ACGL) is set to acquire United Guaranty Corporation and AIG United Guaranty Insurance Limited from the parent company, American International Group, Inc. (AIG).
AGII: 56.12 (+0.58), ACGL: 81.56 (+0.58), AIG: 58.09 (+0.25), NATL: 32.54 (+0.07)
AIG Close to Selling Mortgage Unit to Arch (ACGL) for $3.4 Billion
Zacks Premium Research - Zacks Investment Research - Mon Aug 15, 3:41PM CDT
AIG is close to reaching a deal to sell its mortgage unit for $3.4 billion to Arch Capital Group.
ACGL: 81.56 (+0.58), AIG: 58.09 (+0.25)
Arch Capital Group (ACGL) Stock: Moving Average Crossover Alert
Zacks Equity Research - Zacks Investment Research - Thu Aug 11, 7:57AM CDT
Arch Capital Group Ltd. (ACGL) may be a solid choice for technical investors, as the firm saw some good news with its moving average crossover
ACGL: 81.56 (+0.58)