Rochester, NY 8/28/2009 11:37:02 PM
Arch Capital Group Specialty lines of insurance and reinsurance
Arch Capital Group Ltd.
Arch Capital Group Ltd. together with its subsidiaries, is a Bermuda public limited liability company with over $4.4 billion in capital at June 30, 2009 and, through operations in Bermuda, the United States, Europe and Canada, writes insurance and reinsurance on a worldwide basis. While we are positioned to provide a full range of property and casualty insurance and reinsurance lines, we focus on writing specialty lines of insurance and reinsurance.
It is our belief that our underwriting platform, our experienced management team and our strong capital base that is unencumbered by significant pre risks have enabled us to establish a strong presence in the insurance and reinsurance markets. The worldwide insurance and reinsurance industry is highly competitive and has traditionally been subject to an underwriting cycle in which a hard market high premium rates, restrictive underwriting standards, as well as terms and conditions, and underwriting gains is eventually followed by a soft market low premium rates, relaxed underwriting standards, as well as broader terms and conditions, and underwriting losses.
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