AM Best Upgrades Issuer Credit Rating for Arch Capital Group Ltd. and Its Subsidiaries
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AM Best has upgraded the Long-Term Issuer Credit Ratings for Arch Capital Group Ltd. and its subsidiaries, reflecting strong balance sheet strength, operating performance, and risk management. The Long-Term ICRs were upgraded to 'aa' from 'aa-', and the Financial Strength Rating was affirmed at A+. The outlook for these ratings is stable. Arch's diversified operations and superior risk selection contribute to consistent positive results, outperforming peers.
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