S&P gives Arch Indemnity A

Standard & Poor's said it assigned its A counterparty credit and financial strength ratings to Arch Indemnity Insurance Co., an insurance subsidiary of Arch Capital Group Ltd.

At the same time, S&P said it affirmed its BBB+ counterparty credit rating on Arch Capital.

In addition, S&P said it affirmed its A counterparty credit and financial strength ratings on Arch's Capital's operating subsidiaries.

The outlook on all these companies is stable.

S&P noted that the ratings on Arch Indemnity reflect explicit support the group is providing through a quota-share arrangement, in which Arch Indemnity cedes 100% of its premiums and related liabilities to Arch Insurance Co., Arch Capital's main primary insurance writer in the United States.

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