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Arch Capital Group Ltd AHCCF


Primary Symbol: ACGL Alternate Symbol(s):  ACGLO

Arch Capital Group Ltd. is a Bermuda-based company, which provides insurance, reinsurance and mortgage insurance through its subsidiaries. The insurance segment consists of the Company’s insurance underwriting units, which offer specialty product lines, including construction and national accounts; excess and surplus casualty; professional lines; programs; property, energy, marine and aviation; travel, accident and health; warranty and lenders solutions, and others (consisting of alternative markets, excess workers' compensation and surety business). The reinsurance segment consists of its reinsurance underwriting units, which offer specialty product lines, including casualty; marine and aviation; other specialty; property catastrophe; property excluding property catastrophe, and other (consisting of life reinsurance and other). The mortgage segment includes its United States primary mortgage insurance business, investment and services related to United States credit-risk transfer.


NDAQ:ACGL - Post by User

Post by zalmonellaon Oct 19, 2021 12:35pm
157 Views
Post# 34022991

In hibernation since August

In hibernation since AugustIf they keep to the schedule, it's just over two weeks to next earnings, provbably November 4th. Unfortunately, there's not much to be learned from them - no word on inventories, losses, and given summer is a bad season for hand sanitizer, probably low revenues too, though it's possible that stores might have been stocking up since late August putting some movement to volume.  

But given the boys own so much of it, and the other major shareholder gives them a plurality of votes, there's no reason to release any news. Ordinarily I'd be looking to drop out at any possible earnings runup to November in favour of a buy-in during year end, but not with this one. I don't think we'll see any motion at all til next year. And unfortunately, we'll have to wait til next March for the audited statements to find out anything about the recall costs. 
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