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Mar 31, 2022

Arch Capital Q1 2022 Earnings Report

Arch Capital reported strong first quarter results driven by underwriting income and favorable prior year loss reserve development.

Key Takeaways

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.

Net income available to Arch common shareholders was $185.6 million, or $0.48 per share.

After-tax operating income available to Arch common shareholders was $422.0 million, or $1.10 per share.

Pre-tax current accident year catastrophic losses were $85.8 million.

Favorable development in prior year loss reserves was $129.4 million.

Total Revenue
$2.12B
Previous year: $1.95B
+8.9%
EPS
$1.1
Previous year: $0.59
+86.4%
Loss Ratio
47.2%
Previous year: 61.7%
-23.5%
Combined Ratio
78.7%
Previous year: 90.7%
-13.2%
Combined Ratio excl. Cat & Dev
80.8%
Previous year: 81%
-0.2%
Gross Profit
$1.59B
Previous year: $1.94B
-17.9%
Cash and Equivalents
$813M
Previous year: $942M
-13.7%
Total Assets
$45.7B
Previous year: $44.2B
+3.3%

Arch Capital

Arch Capital

Arch Capital Revenue by Segment

Forward Guidance

This document does not contain any forward guidance. Refer to the cautionary note regarding forward-looking statements.

Revenue & Expenses

Visualization of income flow from segment revenue to net income