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AM Best Assigns Credit Ratings to Arch Group Reinsurance Ltd.

AM Best has assigned the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” (Superior) to Arch Group Reinsurance Ltd. (Arch Group Re) (Bermuda). The outlook assigned to these Credit Ratings (ratings) is stable.

The ratings of Arch Group Re reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).

Arch Group Re was founded in 2022 and operates as an intercompany reinsurer, providing the broader Arch Capital Group Ltd. (Arch) with capital efficiencies. While Arch Group Re has a limited operating history, all business is derived from the operating companies of Arch, which has historically produced profitable underwriting, and in recent years, double-digit returns on equity.

The stable outlooks reflect AM Best’s expectation that Arch Group Re will assume profitable business from Arch intercompany business and remain well-capitalized as it is further utilized by the greater Arch organization and becomes integrated into Arch’s operations.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2024 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

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