AM Best has commented that the credit ratings of Vantage Group Holdings Ltd.'s members remain unchanged following the appointment of new leadership. Marc Grandisson, former CEO of Arch Capital Group Ltd., has been appointed executive chairman of Vantage Group Holdings Ltd., effective immediately, while David Gansberg, former president of Arch Capital Group Ltd., will become CEO in June 2027. Until then, Grandisson will work with founding CEO Greg Hendrick through the transition. The appointments follow Howard Hughes Holdings Inc.'s acquisition of Vantage, but the group's balance sheet strength, operating performance, business profile, and enterprise risk management assessments are unaffected, and the ratings outlooks remain positive.
Vantage CorpAM Best affirms Vantage's ratings and positive outlook after leadership appointments, indicating stability.
Howard Hughes Holdings Inc.Howard Hughes Holdings Inc. acquired Vantage, but the article focuses on Vantage's leadership and ratings, not on Howard Hughes.
Arch Capital Group Ltd.