Arch Capital to acquire Westpac Lenders Mortgage Insurance in Australia
Bermuda-based insurance company Arch Capital Group has agreed to acquire Westpac Lenders Mortgage Insurance Limited (WLMI) from Westpac Group for an undisclosed price. The acquisition is being carried out by Arch Capital’s Global Mortgage Group. Westpac Lenders Mortgage Insurance is a captive lenders mortgage insurance (LMI) provider to Westpac. It is authorized by the Australian […]