8-KOther Events

ARCH CAPITAL GROUP LTD. 8-K Report, Corporate Update (Sep 14, 2007)

Filed September 14, 2007For Securities:ACGLACGLNACGLO

Summary

Arch Capital Group Ltd. (ACGL) filed a Form 8-K on September 14, 2007, to announce a dividend declaration by its Board of Directors. The company declared dividends for its Series A and Series B Non-Cumulative Preferred Shares. This filing is primarily informational for preferred shareholders, detailing the amounts and payment dates for their upcoming dividends. Specifically, dividends were declared for the 8,000,000 outstanding Series A shares and the 5,000,000 outstanding Series B shares. The dividends are payable out of lawfully available funds under Bermuda law on November 15, 2007, to shareholders of record as of November 1, 2007. Investors holding these preferred shares can expect these distributions, which are a key component of their investment return.

Key Highlights

  • 1Arch Capital Group Ltd. (ACGL) declared dividends on its preferred shares.
  • 2Dividends were declared for both 8.00% Non-Cumulative Preferred Shares, Series A, and 7.875% Non-Cumulative Preferred Shares, Series B.
  • 3The Series A shares have a liquidation preference of $25.00 per share.
  • 4The Series B shares have a liquidation preference of $25.00 per share.
  • 5The total declared dividend for Series A shares is $4,000,000.
  • 6The total declared dividend for Series B shares is approximately $2,460,938.
  • 7Dividends are payable on November 15, 2007, to shareholders of record as of November 1, 2007.

Frequently Asked Questions

This 8-K filing serves as notification that the Board of Directors of Arch Capital Group Ltd. has declared dividends on its outstanding Series A and Series B Non-Cumulative Preferred Shares.

The declared dividends are scheduled to be paid on November 15, 2007.

The dividends will be paid to holders of record of the Series A and Series B Preferred Shares as of November 1, 2007.

The total declared dividend for the Series A shares is $4,000,000, and the total declared dividend for the Series B shares is approximately $2,460,938. Individual dividend amounts per share are also detailed in the filing.