Baron Funds Comments on Arch Capital Group Inc.

May 01, 2013

Arch Capital Group Ltd. (ACGL, Financial) is a specialty insurance and reinsurance company. The stock rose during the first quarter due to better than expected earnings results and an improving insurance market. Arch also announced an acquisition that would allow it to enter what we believe to be an attractive new business line, mortgage insurance. (Josh Saltman)

From Baron Funds’ first quarter 2013 letter.

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