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Arch Capital Group Ltd

 
Hoover's Profile: Arch Capital Group Ltd.
 
(NASDAQ (GS):ACGL)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Arch Capital Group Ltd.
Wessex House, 4th Fl., 45 Reid St.
Hamilton HM 12, Bermuda
Tel. 441-278-9250
Fax 441-278-9255

Type: Public
On the web: http://www.archcapgroup.com
Employees: 1,200
Employee growth: (1.2%)

No sharply raised eyebrows or dry witticisms here -- Arch Capital Group is just not "arch" in that way. Instead the company offers property/casualty insurance and reinsurance through subsidiaries in Bermuda, Canada, Europe, and the US. Its insurance subsidiaries offer marine and aviation, professional liability, healthcare liability, and other specialty lines. The company's US subsidiary, Arch Insurance Group specializes in excess and surplus lines coverage. The company's Arch Re reinsurance subsidiaries focus on property/casualty coverage, including catastrophe and some specialty lines. The company distributes its products through both wholesale and retail brokers.

Key numbers for fiscal year ending December, 2008:
Sales: $2,966.8M
One year growth: (14.1%)
Net income: $291.0M
Income growth: (65.0%)

Officers:
President, CEO, and Director: Constantine P. Iordanou
Chairman: Paul B. Ingrey
EVP, CFO and Treasurer: John C. R. Hele

Competitors:
AXIS Capital Holdings
Endurance Specialty
XL Capital

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