On March 11, 2020, the World Health Organization declared a pandemic in relation to the outbreak of COVID-19. The outbreak is causing unprecedented social disruption, global economic volatility, reduced liquidity of capital markets and intervention by various governments around the world. Arch Capital Group Ltd. expects impacts on incurred losses and premium volumes on its… Continue reading Arch Capital Group Ltd. Announces Loss Estimates and Other Information Related to COVID-19 Pandemic
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French Bank Natixis to Sell 29.5% Stake in Coface to Arch Capital
French bank Natixis said on Tuesday that it had agreed to sell a 29.5% stake in credit insurance company Coface to U.S. company Arch Capital Group, a US specialty and mortgage insurer. Natixis said it was selling the Coface stake at a price of 10.70 euros per share, marking a discount of around 6% to… Continue reading French Bank Natixis to Sell 29.5% Stake in Coface to Arch Capital