Arch Capital amends letter of credit facility to $700 million, raises incremental commitment cap
Arch Reinsurance Ltd., a subsidiary of Arch Capital Group, signed Amendment No. 6 to its letter of credit facility with Lloyds Bank Corporate Markets on October 28, 2026. The amended facility provides for $700 million for letters of credit, extends the availability period to May 31, 2027, and raises the maximum incremental commitment to $200 million from $50 million. The filing describes a financing arrangement that adjusts borrowing capacity for the company's insurance operations, and it does not report any change to earnings or guidance.
Key points
- Facility provides for $700 million for letters of credit under the amended agreement.
- Availability period end date extended from May 31, 2026 to May 31, 2027.
- Maximum incremental commitment increased from $50 million to $200 million.
- Amendment also extends letters of credit for the 2027 underwriting year of account.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.