The latest update is out from Arch Capital Group Ltd (ACGL).
Arch Financial Holdings, a subsidiary of Arch Capital Group Ltd., has successfully sold London-based Castel Underwriting Agencies Limited to a subsidiary of Ryan Specialty Holdings, Inc. as of May 1, 2024. This strategic move is noteworthy for those tracking financial market shifts and company strategies. Additionally, forward-looking statements related to this sale and Arch Capital’s performance are not guarantees of future results and may vary based on various factors, as indicated in past SEC filings by the company.
For a thorough assessment of ACGL stock, go to TipRanks’ Stock Analysis page.
