Insight and Intelligence on the London & International Insurance Markets

24 January 2018

Search archive

Arch Capital downgraded by Moody’s on UGC completion

Laura Board 6 January 2017

Moody's Investors Service has downgraded the ratings of Arch Capital following completion of its $3.4bn purchase of United Guaranty Corp (UGC) from AIG on Tuesday (3 January).

The one-notch downgrades lower the insurance financial strength (IFS) ratings of Arch's main P&C operating subsidiaries from A1 to A2 and its senior unsecured debt rating from A3 to Baa1.

Moody's assigned a stable outlook to the ratings. It also downgraded the IFS rating of Arch Mortgage Guaranty Company (AMG) from A3 to...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership


Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.