Financial Strength Ratings
Our principal operating reinsurance and insurance subsidiaries, Arch Reinsurance Ltd., Arch Reinsurance Company, Arch Insurance Company, Arch Specialty Insurance Company, Arch Excess & Surplus Insurance Company, Arch Insurance Company (Europe) Ltd. and Arch Reinsurance Europe Underwriting Limited1 have been issued the following financial ratings.
| A.M. Best |
"A" (Excellent) - Stable |
| Moody's |
"A2" (Good) - Stable |
| Standard & Poor's |
"A" (Strong) - Positive |
| Fitch Ratings |
"A+" - Stable |
(1) Arch Reinsurance Europe Underwriting Limited has not been rated by A.M. Best and Moody's.
Issuer Ratings
Arch Capital Group Ltd. has received the following ratings.
| Fitch Ratings |
"A" |
| Moody's |
"Baa1" |
| Standard & Poor's |
"BBB+" |
(2) A counterparty credit rating provides an opinion on an issuer’s overall capacity and willingness to meet its financial commitments as they become due, but is not specific to a particular financial obligation.
| Fitch Ratings |
"A-" |
| Moody's |
"Baa1" |
| Standard & Poor's |
"BBB+" |
(3) Refers to the Arch Capital Group Ltd. 7.35% senior notes due May 2034.
| Fitch Ratings |
"BBB" |
| Moody's |
"Baa3" |
| Standard & Poor's |
"BBB-" |
(4) Refers to the Arch Capital Group Ltd. 8% series A non-cumulative preferred shares and 7.875% series B non-cumulative preferred shares.
Arch Insurance Company (a Missouri corporation, NAIC # 11150) had admitted assets of $1.8 billion, total liabilities of $1.2 billion and surplus to policyholders of $628.6 million. Arch Specialty Insurance Company (a Nebraska corporation, NAIC #21199) had admitted assets of $453.6 million, total liabilities of $140.0 million and surplus to policyholders of $313.6 million. Arch Excess & Surplus Insurance Company (a Nebraska corporation, NAIC # 10946) had admitted assets of $28.5 million, total liabilities of $1.5 million and surplus to policyholders of $27.0 million. All figures are as shown in each entity’s respective Quarterly Statement ended September 30, 2009.