With a market cap of $32.8 billion, Arch Capital Group Ltd. (ACGL) is an insurance company that provides insurance, reinsurance, and mortgage insurance products across multiple international markets. The company operates through three main segments: Insurance; Reinsurance; and Mortgage, offering a range of services including commercial insurance, property catastrophe reinsurance, and mortgage insurance on residential loans.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Arch Capital Group fits this criterion perfectly. The company distributes its products primarily through licensed independent retail and wholesale brokers.