As of March 22, 2019 - Minimum 20 minute delay.
Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda
public limited liability company, writes insurance, reinsurance and mortgage
insurance on a worldwide basis with a focus on specialty lines. The combination
of our underwriting platform, our experienced management team and our strong
capital base have enabled us to establish a prominent presence in the global
insurance and reinsurance markets.
In March 2014, Watford Re raised approximately $1.1 billion of capital consisting of $907.3 million in common equity and $226.6 million in preference equity. Arch invested $100.0 million and acquired 2,500,000 common shares, approximately 11% of Watford Holdings Ltd.’s common equity, along with warrants to purchase up to 975,503 additional common shares. The warrants expire on March 31, 2020, and are exercisable at any time following the listing of the common shares on a U.S. national securities exchange. Watford announced on January 29, 2019 that it has publicly filed a registration statement on Form 10 with the U.S. Securities and Exchange Commission in connection with the proposed listing of Watford's common shares on The Nasdaq Global Market.