Arch Capital Group Ltd. Files 8-K with Material Agreements

TL;DR

ACGL filed an 8-K on Oct 30 detailing material definitive agreements and financial obligations.

AI Summary

Arch Capital Group Ltd. entered into a material definitive agreement on October 30, 2024, related to financial obligations. The filing also includes financial statements and exhibits, with the company's fiscal year ending on December 31st.

Why It Matters

This filing indicates significant financial activities and agreements by Arch Capital Group, which could impact its financial standing and future operations.

Risk Assessment

Risk Level: low — The filing is a standard 8-K reporting a material definitive agreement and financial obligations, without immediate indication of significant negative events.

Key Players & Entities

• ARCH CAPITAL GROUP LTD. (company) — Filer
• October 30, 2024 (date) — Date of earliest event reported
• 0000947484-24-000135 (document_id) — Accession Number

FAQ

Key Financial Figures

• $0.0011 — nge on which registered Common shares, $0.0011 par value per share ACGL NASDAQ Stock M
• $700 million — Amended L/C Agreement"), provides for a $700 million facility for letters of credit, the siz
• $170 m — dit, the size of which was increased by $170 million, from $530 million. As of October
• $530 million — ich was increased by $170 million, from $530 million. As of October 31, 2024 $700 million fa

Filing Documents

• acgl-20241030.htm (8-K) — 36KB
• exhibit101110424.htm (EX-10.1) — 938KB
• 0000947484-24-000135.txt ( ) — 1276KB
• acgl-20241030.xsd (EX-101.SCH) — 3KB
• acgl-20241030_def.xml (EX-101.DEF) — 7KB
• acgl-20241030_lab.xml (EX-101.LAB) — 30KB
• acgl-20241030_pre.xml (EX-101.PRE) — 17KB
• acgl-20241030_htm.xml (XML) — 5KB

01 Entry into a Material Definitive Agreement

ITEM 1.01 Entry into a Material Definitive Agreement. On October 30, 2024, Arch Reinsurance Ltd. ("ArchRe"), a wholly-owned subsidiary of Arch Capital Group, Ltd. ("Arch"), entered into Amendment No. 4 to Letter of Credit Facility Agreement ("Amendment No. 4"), as the borrower with Lloyds Bank Corporate Markets plc ("Lloyds"), as Administrative Agent and L/C Agent, which amends the Letter of Credit Facility Agreement, dated as of November 3, 2020, as amended by Amendment No. 1 to Letter of Credit Facility Agreement dated as of October 29, 2021, as further amended by Amendment No. 2 and Joinder to Letter of Credit Facility Agreement dated as of October 27, 2022, and as further amended by Amendment No. 3 and Joinder to Letter of Credit Facility Agreement dated as of October 25, 2023 (the " Existing L/C Agreement"). The Existing L/C Agreement, as amended by Amendment No. 4 (the "Amended L/C Agreement"), provides for a $700 million facility for letters of credit, the size of which was increased by $170 million, from $530 million. As of October 31, 2024 $700 million face amount of letters of credit had been issued under the facility. The foregoing is a summary of certain terms of the Amended L/C Agreement, does not purport to be complete and is qualified in its entirety by reference to the full text of the Amended L/C Agreement attached as an exhibit to Amendment No. 4, a copy of which is attached as Exhibit 10.1 to this Current Report and is incorporated herein by reference. ITEM 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 of this Current Report is incorporated herein by reference.

01 Financial Statements and Exhibits

ITEM 9.01 Financial Statements and Exhibits. (d): The following exhibits are being filed herewith. EXHIBIT NO. DESCRIPTION 10.1 (1) Amendment No. 4 to Letter of Credit Facility Agreement dated as of October 30, 2024 by and between Arch Reinsurance Ltd., as the borrower and Lloyds Bank Corporate Markets plc as Administrative Agent and L/C Agent 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) (1) Portions of this exhibit have been omitted pursuant to Item 601(b)(10) of Regulation S-K. Additionally, certain schedules have been omitted pursuant to Item 601(b)(10) of Regulation S-K. The Company hereby undertakes to furnish supplemental copies of any of the omitted schedules to the SEC upon request. 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ARCH CAPITAL GROUP LTD. Date: November 4, 2024 By: /s/ Franois Morin Name: Franois Morin Title: Executive Vice President, Chief Financial Officer and Treasurer 3

View Full Filing

View this 8-K filing on SEC EDGAR