Arch Mortgage Insurance Endorsed by the American Bankers Association

Arch MI Recognized as Superior Mortgage Insurance Solutions Partner

WALNUT CREEK, Calif.--()--Arch Mortgage Insurance Company (“Arch MI”), a leading provider of private mortgage insurance and a wholly-owned subsidiary of Arch Capital Group Ltd., announced today that the American Bankers Association (“ABA”) has awarded Arch MI with its exclusive endorsement for mortgage insurance solutions. The ABA’s endorsement is awarded through its subsidiary, the Corporation for American Banking (“CAB”).

“The ABA endorsement signifies our confidence that our members can rely upon Arch MI for top quality performance and reliable results.”

Selecting Arch MI for this elite endorsement follows a comprehensive due-diligence process by the CAB, as well as a rigorous review by industry experts and field-testing by bankers to meet stringent customer-service standards. To earn the endorsement, Arch MI was required to meet the ABA’s quality standards and satisfy key criteria, including financial soundness, management strength, training and support and customer service.

“We are gratified to have Arch MI’s mortgage insurance solutions endorsed by the American Bankers Association. The ABA represents many of Arch MI’s customers, including small, regional and large banks that provide mortgages to communities across the nation,” said David Gansberg, President and CEO of Arch MI. “Arch MI is ideally suited to provide a full array of mortgage insurance solutions to ABA member banks through Arch Mortgage Insurance Company, for mortgage loans sold to Fannie Mae or Freddie Mac, or through Arch Mortgage Guaranty Company, for mortgage loans that banks intend to retain in their portfolios.”

“Arch MI’s mortgage insurance solutions help our member banks—of every size and type—provide residential mortgages to their borrowers,” said Christine Walika, executive vice president of the ABA Community Banking Group and Corporation for American Banking. “The ABA endorsement signifies our confidence that our members can rely upon Arch MI for top quality performance and reliable results.”

ABOUT ARCH MI

Arch Capital Group Ltd.’s U.S. mortgage insurance operation, Arch MI, is a leading provider of private insurance covering mortgage credit risk. Headquartered in Walnut Creek, CA, Arch MI's mission is to protect lenders against credit risk, while extending the possibility of responsible homeownership to qualified borrowers. Arch Mortgage Insurance Company, is licensed to write mortgage insurance in all 50 states, the District of Columbia and Puerto Rico. For more information, please visit archmi.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

The 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 MI, Arch Capital Group Ltd. or 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.

Forward−looking statements can generally be identified by the use of forward−looking terminology such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or their negative or variations or similar terminology. Forward−looking statements involve our current assessment of risks and uncertainties. Actual events and results may differ materially from those expressed or implied in these statements. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements includes the following: adverse general economic and market conditions; increased competition; pricing and policy term trends; fluctuations in the actions of rating agencies and our ability to maintain and improve our ratings; investment performance; the loss of key personnel; the adequacy of our loss reserves, severity and/or frequency of losses, greater than expected loss ratios and adverse development on claim and/or claim expense liabilities; greater frequency or severity of unpredictable natural and man-made catastrophic events; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; our ability to successfully integrate, establish and maintain operating procedures as well as integrate the businesses we have acquired or may acquire into the existing operations; changes in accounting principles or policies; material differences between actual and expected assessments for guaranty funds and mandatory pooling arrangements; availability and cost to us of reinsurance to manage our gross and net exposures; the failure of others to meet their obligations to us; and other factors identified in our filings with the U.S. Securities and Exchange Commission.

The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other cautionary statements that are included herein or elsewhere. All subsequent written and oral forward−looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. We undertake no obligation to publicly update or revise any forward−looking statement, whether as a result of new information, future events or otherwise.

Contacts

Arch MI
Bill Horning, 925-658-6193
or
Weber Shandwick
Sarah Payne, 212-445-8414

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