BofA/Merrill Lynch Downgrades Arch Capital (ACGL) to Underperform
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Arch Capital Group Ltd. Reports 2015 Third Quarter Results
October 28, 2015 4:02 PM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ: ACGL) reports that net income available to Arch common shareholders for the 2015 third quarter was $74.5 million, or $0.60 per share, compared to $223.2 million, or $1.64 per share, for the 2014 third quarter. The Company also reported after-tax operating income available to Arch common shareholders of $125.8 million, or $1.01 per share, for the 2015 third quarter, compared to $142.1 million, or $1.05 per share, for the 2014 third quarter. The Companys after-tax operating income available to Arch common shareholders represented an annualized return on average common equity of 8.6% for the 2015 third quarter, compared to... More
