8-KRegulation FD

ARCH CAPITAL GROUP LTD. 8-K Report, Regulation FD Disclosure (Nov 22, 2023)

Filed November 22, 2023For Securities:ACGLACGLNACGLO

Summary

Arch Capital Group Ltd. (ACGL) has filed an 8-K to provide investors with additional information regarding the termination of certain aggregate excess of loss mortgage reinsurance agreements. These agreements were with special purpose reinsurance companies domiciled in Bermuda, and involved subsidiaries Arch Mortgage Insurance Company and United Guaranty Residential Insurance Company. The company has posted a series of frequently asked questions (FAQs) on its corporate website to address this matter, following up on a previous 8-K filing on November 20, 2023. Investors are encouraged to review the "Bellemeade Terminations FAQs" on Arch Capital's investor relations website for comprehensive details. This filing is primarily for informational purposes under Regulation FD, and the information provided is not considered "filed" for purposes of Section 18 of the Exchange Act unless specifically incorporated by reference into a future filing.

Key Highlights

  • 1ACGL is providing an update on the termination of aggregate excess of loss mortgage reinsurance agreements by its subsidiaries.
  • 2The terminated agreements involved specific Bermuda-domiciled special purpose reinsurance companies.
  • 3A dedicated FAQ document titled "Bellemeade Terminations FAQs" has been posted on the company's corporate website.
  • 4This FAQ is intended to address investor inquiries related to the termination event.
  • 5The filing follows a previous 8-K disclosure on November 20, 2023, concerning the same matter.
  • 6The information is disclosed under Regulation FD to ensure broad dissemination.
  • 7The content is not formally 'filed' with the SEC for liability purposes unless expressly stated in a future filing.

Frequently Asked Questions

The primary purpose of this 8-K filing is to provide investors with additional information regarding the termination of specific mortgage reinsurance agreements. Arch Capital Group Ltd. (ACGL) has posted a series of Frequently Asked Questions (FAQs) on its corporate website to address this event.

The subsidiaries involved are Arch Mortgage Insurance Company and United Guaranty Residential Insurance Company (the 'Bellemeade Cedants'). They terminated aggregate excess of loss mortgage reinsurance agreements with certain special purpose reinsurance companies domiciled in Bermuda, referred to as the 'Terminated Bellemeade Agreements'.

Investors can find detailed information in the 'Bellemeade Terminations FAQs' document, which has been posted on Arch Capital's corporate website. The specific web address is provided in the filing, and investors are advised to refer to it for material updates.

This filing is made under Regulation FD for informational purposes. The information contained herein is not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference into any other SEC filing, unless ACGL specifically states otherwise in a future filing.