Summary
Arch Capital Group Ltd. (ACGL) filed an 8-K on July 28, 2021, to report its second-quarter 2021 financial results and provide an updated financial supplement. The filing incorporates by reference a press release (Exhibit 99.1) and a financial supplement (Exhibit 99.2) detailing the company's performance for the quarter ended June 30, 2021. Investors should note that the information provided in this 8-K, including the attached exhibits, is furnished and not deemed "filed" for purposes of Section 18 of the Exchange Act, unless specifically incorporated by reference into a future filing. The report also announced the declaration of preferred share dividends for its Series G Non-Cumulative Preferred Shares, payable on September 30, 2021.
Key Highlights
- 1Arch Capital Group announced its Q2 2021 earnings and released a detailed financial supplement.
- 2The filing incorporates by reference the official earnings press release and financial supplement.
- 3The company declared preferred dividends for its Series G shares, payable on September 30, 2021.
- 4The total dividend declared for Series G shares amounts to $6,888,194.44, representing a rate of $0.344410 per depository share.
- 5Information furnished in this 8-K is not considered "filed" under Section 18 of the Exchange Act unless explicitly stated in a future filing.
Frequently Asked Questions
The primary purpose of this 8-K filing is to report Arch Capital Group Ltd.'s financial results for the second quarter ended June 30, 2021, and to make available its accompanying financial supplement.
The detailed financial information is available in the press release (Exhibit 99.1) and the financial supplement (Exhibit 99.2) attached to this 8-K filing. These documents are incorporated by reference.
No, the filing specifies that the dividends are for "4.55% Non-Cumulative Preferred Shares, Series G." This means that if a dividend payment is missed, it is not required to be paid in the future.
When information is furnished and not 'filed,' it generally means the company is providing it for informational purposes. It does not carry the same legal implications or liabilities as 'filed' information under Section 18 of the Exchange Act, unless the company later explicitly incorporates it into a filing where such implications would apply.