8-KOther EventsExhibits & Filings

ARCH CAPITAL GROUP LTD. 8-K Report, Corporate Update (Dec 10, 2013)

Filed December 10, 2013For Securities:ACGLACGLNACGLO

Summary

Arch Capital Group Ltd. (ACGL) is filing a Form 8-K to provide supplemental condensed consolidating guarantor financial information related to an offering of senior notes by its wholly owned subsidiary, Arch Capital Group (U.S.) Inc. These senior notes will be fully and unconditionally guaranteed by the parent company, Arch Capital Group Ltd. This supplemental information is presented in accordance with Rule 3-10(c) of Regulation S-X and is appended to the Company's previously filed audited financial statements for the year ended December 31, 2012 (Form 10-K) and unaudited financial statements for the nine months ended September 30, 2013 (Form 10-Q). Investors should note that this filing does not alter or update the previously reported financial information in the 10-K and 10-Q, but rather provides additional detail concerning the guarantor entity. The primary purpose of this filing is to furnish necessary financial data to support the issuance of the guaranteed senior notes. Investors interested in the financial health of the guarantor and the terms of the senior notes should review the supplemental information provided in Exhibits 99.1 and 99.2 alongside the Company's primary SEC filings.

Key Highlights

  • 1Arch Capital Group Ltd. is providing supplemental financial information in connection with a senior notes offering by its subsidiary.
  • 2The senior notes will be fully and unconditionally guaranteed by the parent company, Arch Capital Group Ltd.
  • 3The supplemental information is prepared in accordance with SEC Regulation S-X, Rule 3-10(c).
  • 4This filing includes updated historical financial data as of December 31, 2012, 2011, and for the three years ended December 31, 2012, 2011, 2010, and for the three and nine months ended September 30, 2013 and 2012.
  • 5The supplemental financial information is presented in Exhibits 99.1 and 99.2 to this Current Report.
  • 6This filing does not modify or update the previously reported financial statements in the Company's Form 10-K (as of Dec 31, 2012) and Form 10-Q (as of Sep 30, 2013).

Frequently Asked Questions

The main purpose is to provide supplemental condensed consolidating guarantor financial information required by the SEC for an offering of senior notes by Arch Capital Group (U.S.) Inc., which are guaranteed by the parent company, Arch Capital Group Ltd.

No, this filing does not present new or updated consolidated financial results. It provides supplemental financial information specifically for the guarantor entity to support the senior notes offering and should be read in conjunction with the Company's previously filed 10-K and 10-Q.

The senior notes are being offered by Arch Capital Group (U.S.) Inc., a wholly owned subsidiary of Arch Capital Group Ltd.

It means that Arch Capital Group Ltd. (the parent company) is fully responsible for the payment of principal and interest on the senior notes if the issuing subsidiary, Arch Capital Group (U.S.) Inc., fails to do so. This provides additional credit security to the noteholders.