Arch Capital Q2 2023 Earnings Report
Key Takeaways
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%.
Net income available to Arch common shareholders was $661 million, or $1.75 per share.
After-tax operating income available to Arch common shareholders was $726 million, or $1.92 per share.
Pre-tax current accident year catastrophic losses for the Company’s insurance and reinsurance segments were $119 million.
The combined ratio excluding catastrophic activity and prior year development was 79.7%.
Arch Capital
Arch Capital
Arch Capital Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income