Arch Capital Group said its subsidiary Arch Reinsurance Ltd. entered into Amendment No. 5 to a Letter of Credit Facility Agreement on October 29, 2025 with Lloyds Bank Corporate Markets plc as Administrative Agent and L/C Agent.

1. 01

   Arch Capital Group said its subsidiary Arch Reinsurance Ltd. entered into Amendment No. 5 to a Letter of Credit Facility Agreement on October 29, 2025 with Lloyds Bank Corporate Markets plc as Administrative Agent and L/C Agent.

2. 02

   The company said Amendment No. 5 amends the Letter of Credit Facility Agreement dated November 3, 2020, which had been previously amended by Amendment No. 1 through Amendment No. 4 between October 29, 2021 and October 30, 2024.

3. 03

   Arch Capital Group said Amendment No. 5 includes a request for an extension of Letters of Credit for the 2026 underwriting year of account and a request to extend the last day of the Availability Period from May 31, 2025 to May 31, 2026.

4. 04

   The company said the Amended L/C Agreement, as amended by Amendment No. 5, provides for a $700 million facility for letters of credit. It added that the amendment also reflects the change of name of Apollo No. 14 Limited to Portico Corporate Member Ltd. effective November 5, 2024.

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