Arch Capital Group Ltd. announced on October 28, 2026, that its wholly-owned subsidiary, Arch Reinsurance Ltd., entered into Amendment No. 6 to its Letter of Credit Facility Agreement. The amendment modifies the existing credit agreement originally dated November 3, 2020, which has been amended five times previously.
The amendment establishes three primary changes to the facility. First, it requests an extension of the Letters of Credit for the 2027 underwriting year of account. Second, it extends the last day of the Availability Period from May 31, 2026, to May 31, 2027. Third, it increases the maximum Incremental Commitment from $50,000,000 to $200,000,000.
Under the terms of the Amended L/C Agreement, the facility provides for a total of $700 million for letters of credit. The amendment was executed between Arch Reinsurance Ltd., acting as the borrower, and Lloyds Bank Corporate Markets plc, serving as the Administrative Agent and L/C Agent. A copy of the full text of the Amended L/C Agreement is attached as Exhibit 10.1 to the filing.
