Arch Capital Q2 2024 Earnings Report
Key Takeaways
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%.
Net income available to Arch common shareholders was $1.3 billion, or $3.30 per share.
After-tax operating income available to Arch common shareholders was $981 million, or $2.57 per share.
The combined ratio excluding catastrophic activity and prior year development was 76.7%.
Book value per common share was $52.75 at June 30, 2024, a 6.9% increase from March 31, 2024.
Arch Capital
Arch Capital
Arch Capital Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income