Arch Capital Group Ltd.
Arch Capital Group Ltd. Announces $1.9 Billion Special Dividend and Executive Promotions
Summary
Arch Capital Group Ltd. declared a special cash dividend of $1.9 billion ($5.00 per common share) payable on December 4, 2024. The company also announced the promotions of David Gansberg and Maamoun Rajeh to Presidents, effective immediately. The Compensation and Human Capital Committee of the Board granted special outperformance equity awards to Gansberg, Rajeh, and Francois Morin, the Executive Vice President, CFO, and Treasurer. The Board also declared dividends for its Series F and Series G preferred shares.
Get alerts for ACGL
Be first to know when Arch Capital Group Ltd. files with the SEC.
Filing Categories
Exhibits (3)
About Arch Capital Group Ltd.
Arch Capital Group Ltd. is a leading global insurance and reinsurance provider, specializing in a diverse range of insurance products and services. Established to meet the unique needs of clients across the globe, Arch Capital offers insurance and reinsurance solutions in property, casualty, and specialty lines. With its headquarters in Bermuda, the company plays a pivotal role in the finance and insurance sectors, leveraging its robust underwriting expertise and financial strength. Catering to a broad spectrum of industries, Arch Capital serves commercial and individual clients, providing risk management solutions tailored to various industries. Its presence spans multiple continents, ensuring comprehensive support and coverage. Arch Capital Group Ltd.'s strategic growth and responsible risk management have cemented its status as a significant player in the global insurance landscape, offering innovative products that address emerging risks and evolving market demands.
Official SEC Documents