Arch Capital Group, a Bermuda-headquartered specialist insurer and reinsurer, operates globally, providing crucial coverage across property, casualty, and mortgage sectors. The company has a history of providing crucial insurance coverage to carbon-intensive projects, directly facilitating their construction and operation. While Arch has bowed to public pressure by ruling out insuring the controversial East Africa Crude Oil Pipeline (EACOP), a victory hard-won by activists, this single exclusion does not absolve its broader complicity. Arch’s investment portfolio remains exposed to fossil fuels, with 3.8% (over $1 billion) invested in the sector as of late 2022.