Arch Capital Q1 net income $1.1B ($2.92/sh) vs $705M ($1.87) YoY; combined ratio improves to 78.8%

ARCH CAPITAL GROUP LTD.

2024-Q1 EPS reported $2.92 revenue$3,941,000,000

Net income available to common shareholders $1.1B, $2.92 per diluted share vs $705M, $1.87 in Q1 2023.
After-tax operating income $933M ($2.45/sh) vs $654M ($1.73) YoY; annualized operating ROE 20.7%.
Gross premiums written $5.93B (+24.1% YoY); net premiums earned $3.42B (+18.7%).
Combined ratio 78.8% (ex-cat & prior-year dev: 80.8%) vs 80.6% a year ago; underwriting income $736M.
Book value per share $49.36, up 5.2% from Dec 31, 2023; favorable prior-year reserve development $126M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ARCH CAPITAL GROUP LTD. reported financial results for the quarter ended March 31, 2024.

Period: the quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On April 29, 2024, Arch Capital Group Ltd. issued a press release reporting its earnings and the availability of its financial supplement for the quarter ended March 31, 2024.

View on SEC.gov

1447 earnings releases filed in the last 30 days. Browse all earnings releases →

ARCH CAPITAL GROUP LTD. filing history →

Source: SEC EDGAR

accession 0000947484-24-000060

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.