Arch Capital increases share repurchase authorization to $1B

Arch Capital Group increased its share repurchase authorization to $1B, which may be effected from time to time in open market or privately negotiated transactions through December 31, 2024. At September 30 approximately $596.4M of share repurchases were available under the Company’s share repurchase program. From October 1 through December 14 the Company did not repurchase any common shares. This new program replaces the Company’s existing share repurchase authorization.