Arch Capital Group Ltd (ACGL) Tops Q1 EPS by 7c
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Arch Capital Group Ltd. Reports 2016 First Quarter Results
April 27, 2016 4:04 PM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ: ACGL) reports that net income available to Arch common shareholders for the 2016 first quarter was $149.3 million, or $1.20 per share, compared to $277.9 million, or $2.16 per share, for the 2015 first quarter. The Company also reported after-tax operating income available to Arch common shareholders of $145.7 million, or $1.17 per share, for the 2016 first quarter, compared to $149.8 million, or $1.17 per share, for the 2015 first quarter (see note 1). The Companys after-tax operating income available to Arch common shareholders represented an annualized return on average common equity of 9.7% for the 2016 first... More
