AM Best upgrades Arch on diversification and outperformance

AM Best has upgraded Arch Capital Group and its subsidiaries’ ratings, citing the firm’s strong operating performance and a proven track record of delivering superior underwriting results and investment returns, even during softer market conditions.Notably, AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa” (Superior) from “aa-” (Superior) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of Arch Reinsurance Ltd. (Arch) (Bermuda) and its strategic affiliates.The ...