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An announcement from Arch Capital Group (ACGL) is now available.
Arch U.S. MI Holdings Inc., part of Arch Capital Group Ltd., has expanded its portfolio by acquiring the run-off mortgage insurance business of Old Republic International Corporation. This strategic move is significant for stakeholders, as it signals Arch’s intent to strengthen its position in the mortgage insurance sector. While this report provides insights into the company’s direction, it should be noted that forward-looking statements are subject to various risks and uncertainties, which may cause actual results to differ from projected outcomes.
Learn more about ACGL stock on TipRanks’ Stock Analysis page.