Arch Capital Earnings Reports

Arch Capital Group Ltd. reported a strong Q4 2024 performance with net income of $925 million and after-tax operating income of $866 million. However, catastrophic losses of $393 million from Hurricanes Milton and Helene impacted results. The company repurchased $24 million in shares and paid a special dividend of $1.9 billion.

Arch Capital reported a net income of $978 million, or $2.56 per share, and an after-tax operating income of $762 million, or $1.99 per share. The company's combined ratio was 86.6%, and 78.3% excluding catastrophic activity and prior year development.

Arch Capital Group Ltd. reported a net income of $1.3 billion, or $3.30 per share, and after-tax operating income of $981 million, or $2.57 per share, for the second quarter of 2024. The company's combined ratio excluding catastrophic activity and prior year development was 76.7%.

Arch Capital Group Ltd. reported a net income of $1.1 billion, or $2.92 per share, and an after-tax operating income of $933 million, or $2.45 per share, for the first quarter of 2024. The company's combined ratio was 78.8%, and the combined ratio excluding catastrophic activity and prior year development was 80.8%.

Arch Capital Group Ltd. reported a net income of $2.3 billion, or $6.12 per share, a substantial increase from $849 million, or $2.26 per share, in Q4 2022. After-tax operating income was $945 million, or $2.49 per share, compared to $806 million, or $2.14 per share, for the same period last year. The results were impacted by a $1.18 billion net deferred tax asset related to Bermuda's new corporate income tax.

Arch Capital Group Ltd. reported a net income of $713 million, or $1.88 per share, and an after-tax operating income of $876 million, or $2.31 per share, for the third quarter of 2023. The company's performance was boosted by strong underwriting results across its insurance, reinsurance, and mortgage segments, as well as improved investment returns.

Arch Capital Group Ltd. announced its 2023 second quarter results, featuring a net income of $661 million and after-tax operating income of $726 million. The company's combined ratio excluding catastrophic activity and prior year development was 79.7%.

Arch Capital Group Ltd. reported a significant increase in its first quarter 2023 results. Net income available to Arch common shareholders was $705 million, or $1.87 per share, compared to $186 million, or $0.48 per share, for the first quarter of 2022. After-tax operating income available to Arch common shareholders was $654 million, or $1.73 per share, compared to $422 million, or $1.10 per share, for the same period last year.

Arch Capital Group Ltd. reported a net income available to Arch common shareholders of $849.5 million, or $2.26 per share, for the fourth quarter of 2022, compared to $613.1 million, or $1.58 per share, for the 2021 fourth quarter. After-tax operating income available to Arch common shareholders was $805.9 million, or $2.14 per share, compared to $493.3 million, or $1.27 per share, for the 2021 fourth quarter.

Arch Capital Group Ltd. reported a net income of $6.9 million, or $0.02 per share, for the third quarter of 2022, a significant decrease compared to $388.8 million, or $0.98 per share, for the same period in 2021. The results were impacted by pre-tax current accident year catastrophic losses of $550.8 million, primarily related to Hurricane Ian. However, the company saw growth in gross premiums written, net premiums written, and net premiums earned.

Arch Capital Group Ltd. announced its 2022 second quarter results, featuring a net income of $394.2 million, or $1.04 per share, and an after-tax operating income of $506.5 million, or $1.34 per share. The company's combined ratio, excluding catastrophic activity and prior year development, was 80.8%.

Arch Capital Group Ltd. reported a net income of $185.6 million, or $0.48 per share, for the first quarter of 2022, compared to $427.8 million, or $1.05 per share, for the first quarter of 2021. After-tax operating income available to Arch common shareholders was $422.0 million, or $1.10 per share, compared to $239.8 million, or $0.59 per share, for the first quarter of 2021.

Arch Capital Group Ltd. reported a net income available to Arch common shareholders of $613.1 million, or $1.58 per share, compared to $533.1 million, or $1.30 per share, for the 2020 fourth quarter. After-tax operating income available to Arch common shareholders was $493.3 million, or $1.27 per share, compared to $230.4 million, or $0.56 per share, for the 2020 fourth quarter.

Arch Capital Group Ltd. reported a net income of $388.8 million, or $0.98 per share, and after-tax operating income of $294.7 million, or $0.74 per share, for the third quarter of 2021. The company experienced significant catastrophic losses but also benefited from favorable development in prior year loss reserves.

Arch Capital Group Ltd. reported a significant increase in net income available to Arch common shareholders for the second quarter of 2021, reaching $663.8 million, or $1.63 per share, compared to $288.4 million, or $0.71 per share, for the same period in 2020. The company's after-tax operating income also saw a substantial rise, amounting to $407.2 million, or $1.00 per share, compared to $16.6 million, or $0.04 per share, in the second quarter of the previous year.

Arch Capital Group Ltd. reported a strong first quarter in 2021, with net income available to Arch common shareholders reaching $427.8 million, or $1.05 per share, compared to $133.7 million, or $0.32 per share, for the 2020 first quarter.

Arch Capital Group Ltd. reported a net income of $533.1 million for Q4 2020, compared to $316.0 million for Q4 2019. After-tax operating income was $230.4 million, down from $308.4 million in the prior year. The combined ratio excluding catastrophic activity and prior year development was 80.2%.

Arch Capital Group Ltd. announced its 2020 third quarter results, with a net income available to Arch common shareholders of $408.6 million, or $1.00 per share, compared to $382.1 million, or $0.92 per share, for the 2019 third quarter.

Arch Capital Group Ltd. reported a net income of $288.4 million, or $0.71 per share, and after-tax operating income of $16.6 million, or $0.04 per share. The results were impacted by $207.2 million in pre-tax current accident year catastrophic losses, including $173.1 million related to COVID-19. Gross premiums written increased by 19.6% to $2,317.7 million.

Arch Capital Group reported a net income of $133.7 million, or $0.32 per share, and an after-tax operating income of $189.8 million, or $0.46 per share. The company's results were impacted by $118.4 million in pre-tax current accident year catastrophic losses, including $86.6 million related to the COVID-19 global pandemic.

Arch Capital Group Ltd. reported a net income available to Arch common shareholders of $316.0 million, or $0.76 per share, compared to $126.1 million, or $0.31 per share, for the 2018 fourth quarter. After-tax operating income available to Arch common shareholders was $308.4 million, or $0.74 per share, compared to $189.2 million, or $0.46 per share, for the 2018 fourth quarter.