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Arch Capital Group Ltd. (ACGL) provides insurance, reinsurance, and mortgage insurance products worldwide. 
The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; collateral protection, debt cancellation, and service contract reimbursement products; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.
It also provides property, energy, marine, and aviation insurance; travel insurance; accident, disability, and medical plan insurance coverages; captive insurance programs; employer's liability; contract and commercial surety coverages; and collateral protection, debt cancellation, and service contract reimbursement products.
This segment markets its products through a group of licensed independent retail and wholesale brokers. Its Reinsurance segment provides casualty reinsurance for third party liability exposures; marine and aviation; motor reinsurance, whole account multi-line treaties, cyber, trade credit, surety, accident and health, workers' compensation catastrophe, agriculture, trade credit, and political risk products; reinsurance protection for catastrophic losses, and personal lines and commercial property exposures; life reinsurance; casualty clash; and risk management solutions.
Shares are heading higher in an upward trading channel. On July 26th, ACGL reported earnings of $1.92 per share on revenue of $3.16 billion for the second quarter ended June 2023. The consensus earnings estimate was $1.65 per share on revenue of $3.24 billion. The company beat consensus estimates by 16.36% while revenue grew 42.76% on a year-over-year basis.
The company reports October 30th.
Entry Point: $81.00
Trading Range: $44.617 to $84.83
Stop Loss: $77.00
Target Price: $89.00
