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.
No specific forward guidance was provided in the report.
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