Arch Capital Group Ltd. (ACGL) underwent significant changes in its stake holdings, with several investment firms and asset management companies making both acquisitions and sell-offs. Notable stakeholders include
National Bank of Canada FI,
Prudential Financial Inc.,
Allstate Corp, and
Geode Capital Management LLC along with many others. Despite some market fluctuations, ACGL posted
strong premium growth in Q4 2024, and demonstrated exceptional financial performance while facing some market decline. Various changes occurred in the company's leadership and board; notably,
Alexander Moczarski was appointed to the board of directors. Furthermore, the company announced a substantial
special cash dividend of $1.9 billion. Despite experiencing elevated cat losses, ACGL remained attractive to investors, exceeding market returns. Its stock performance remained consistently strong, outperforming competitors on trading days. Its Q4 earnings surpassed estimates, thanks to higher net investment income. With
EPS of $2.42 and
revenue of $4.14 billion, ACGL handily surpassed Q4 2024 estimates.
Arch Capital Group Ltd ACGL News Analytics from Tue, 27 Aug 2024 07:00:00 GMT to Sat, 05 Apr 2025 20:28:42 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor -1
