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Arch Capital Group Ltd. Releases First Sustainability Report
PEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. [NASDAQ: ACGL] has released its first corporate sustainability report. The report highlights the
About this update from Arch Capital Group Ltd.
[{"type":"text","content":" PEMBROKE, Bermuda--(BUSINESS WIRE)--\nArch Capital Group Ltd. [NASDAQ: ACGL] has released its first corporate sustainability report. The report highlights the company’s key environmental, social and governance (ESG) priorities and goals and how they impact the company’s investors, employees, regulators and other stakeholders. The report is focused on the three areas that drive meaningful ESG integration in Arch’s business: investing in the success of employees, building stronger communities through specialized insurance products, and generosity and operating sustainably and responsibly.\n\n\nMarc Grandisson, Arch’s Chief Executive Officer, said, “For the past year, we have been on an ’ESG journey’ to collect, organize and share information about the initiatives that make our company special, and our work in this area is just beginning. We understand that our stakeholders expect information about how ESG is implemented in how we operate, how we manage the risks in our operations and those of our policyholders and how we drive impact.”\n\n\n“On behalf of my Arch colleagues, I’m proud to share our first sustainability story,” said Marcy Rathman, Chief ESG Officer. “This report shares our employees’ stories, establishes a baseline of accountability and outlines our commitments moving forward. We are excited to build on this momentum.”\n\n\nArch’s 2019 Sustainability Report and Sustainability Accounting Standards Board Disclosure Report are available at ir.archcapgroup.com.\n\n\nAbout Arch Capital Group Ltd.\n\n\nArch Capital Group Ltd., a Bermuda-based company with approximately $13.23 billion in capital at Dec. 31, 2019, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries.\n\n\nCautionary Note Regarding Forward-looking Statements\n\n\nThe Private Securities Litigation Reform Act of 1995 provides a \"safe harbor\" for forward−looking statements. This release or any other written or oral statements made by or on behalf of Arch Capital Group Ltd. and its subsidiaries may include forward−looking statements, which reflect our current views with respect to future events and financial performance. All statements other than statements of historical fact included in or incorporated by reference in this release are forward−looking statements.\n\n\nForward−looking statements can g...