Arch Capital (ACGL) unit, Arch Insurance North America, sets sights on expansion, acquiring Allianz's U.S. MidCorp and Entertainment insurance businesses for $450 million cash.

Allianz agreed to sell Fireman's Fund, its U.S. insurance unit for mid-sized corporations and entertainment industry clients, to Bermuda-based Arch Insurance for $450 million in cash, the German ...

Arch Capital Group Ltd.’s ACGL subsidiary Arch Reinsurance Ltd. (Arch Re) recently completed the buyout of Somerset Bridge Group Limited, Southern Rock Holdings Limited and affiliates (Somerset ...

Arch Capital Group Ltd.’s ACGL subsidiary, Arch Insurance North America, has finalized a master transaction agreement to acquire Allianz’s U.S. MidCorp and Entertainment insurance businesses ...