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Mar 31, 2021

Arch Capital Q1 2021 Earnings Report

Arch Capital reported first quarter results with a net income of $427.8 million.

Key Takeaways

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.

Net income available to Arch common shareholders was $427.8 million, or $1.05 per share.

After-tax operating income available to Arch common shareholders was $239.8 million, or $0.59 per share.

The combined ratio excluding catastrophic activity and prior year development was 81.0%.

Book value per common share was $30.54 at March 31, 2021, a 0.8% increase from December 31, 2020 and a 17.0% increase from March 31, 2020.

Total Revenue
$1.95B
Previous year: $1.74B
+11.7%
EPS
$0.59
Previous year: $0.46
+28.3%
Loss Ratio
61.7%
Previous year: 63.9%
-3.4%
Combined Ratio
90.7%
Previous year: 91.5%
-0.9%
Combined Ratio excl. Cat & Dev
81%
Previous year: 84.2%
-3.8%
Gross Profit
$1.94B
Previous year: $1.36B
+42.6%
Cash and Equivalents
$942M
Previous year: $882M
+6.8%
Total Assets
$44.2B
Previous year: $38.4B
+15.1%

Arch Capital

Arch Capital

Arch Capital Revenue by Segment

Forward Guidance

The Company expects the transaction to close in the second quarter of 2021.

Revenue & Expenses

Visualization of income flow from segment revenue to net income