Arch CapitalACGL
Market Cap: 36.4B
About: Arch Capital Group Ltd is a Bermuda company which writes insurance and reinsurance with operations in Bermuda, the United States, Canada, Europe, Australia and United Kingdom. The business operates through three underwriting segments: insurance, reinsurance, and mortgage two operating segments: corporate and other. The insurance segment provides specialty risk solutions to client across a variety of industries. The reinsurance segment provides reinsurance services which cover property catastrophe, property, liability, marine, aviation and space, trade credit and surety, agriculture, accident, life and health, and political risk. The mortgage business provides risk management and risk financing products to the mortgage insurance sectors through platforms in the U.S., Europe and Bermuda.
Employees: 5,800
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
145% more call options, than puts
Call options by funds: $22.3M | Put options by funds: $9.09M
36% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 77
28% more funds holding in top 10
Funds holding in top 10: 18 [Q4 2023] → 23 (+5) [Q1 2024]
23% more capital invested
Capital invested by funds: $24.3B [Q4 2023] → $29.9B (+$5.61B) [Q1 2024]
14% more repeat investments, than reductions
Existing positions increased: 314 | Existing positions reduced: 275
4% more funds holding
Funds holding: 752 [Q4 2023] → 780 (+28) [Q1 2024]
2.73% less ownership
Funds ownership: 89.36% [Q4 2023] → 86.63% (-2.73%) [Q1 2024]
Research analyst outlook
21 Wall Street Analysts provided 1 year price forecasts over the past 6 months
21 analyst ratings
B of A Securities Jay Cohen | 22%upside $118 | Buy Maintained | 11 Jul 2024 |
JP Morgan Jimmy Bhullar | 9%upside $106 | Neutral Maintained | 11 Jul 2024 |
Deutsche Bank Cave Montazeri | 24%upside $120 | Buy Maintained | 1 Jul 2024 |
B of A Securities Jay Cohen | 23%upside $119 | Buy Maintained | 4 Jun 2024 |
Wells Fargo Elyse Greenspan | 14%upside $110 | Overweight Maintained | 1 May 2024 |
Financial journalist opinion
Based on 12 articles about ACGL published over the past 30 days