Arch Capital Group Ltd (ACGL) Tops Q2 EPS by 17c
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Arch Capital Group Ltd. Reports 2016 Second Quarter Results
July 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 second quarter was $205.6 million, or $1.65 per share, compared to $110.3 million, or $0.88 per share, for the 2015 second quarter. The Companys net income available to Arch common shareholders represented an annualized return on average common equity of 13.2% for the 2016 second quarter, compared to 7.5% for the 2015 second quarter. For the trailing twelve months ended June 30, 2016, net income available to Arch common shareholders produced a 7.9% return on average common equity. The Companys book value per common... More
