Arch Capital Q3 2021 Earnings Report
Key Takeaways
Arch Capital Group Ltd. reported a net income of $388.8 million, or $0.98 per share, and after-tax operating income of $294.7 million, or $0.74 per share, for the third quarter of 2021. The company experienced significant catastrophic losses but also benefited from favorable development in prior year loss reserves.
Net income available to Arch common shareholders was $388.8 million, or $0.98 per share.
After-tax operating income available to Arch common shareholders was $294.7 million, or $0.74 per share.
Pre-tax current accident year catastrophic losses were $335.9 million.
Favorable development in prior year loss reserves was $118.3 million.
Arch Capital
Arch Capital
Arch Capital Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income