Arch Capital Group Ltd (ACGL) Tops Q3 EPS by 11c
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Arch Capital Group Ltd. Reports 2016 Third Quarter Results
October 26, 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 third quarter was $247.4 million, or $1.98 per share, compared to $74.5 million, or $0.60 per share, for the 2015 third quarter. The Companys net income available to Arch common shareholders represented an annualized return on average common equity of 15.3% for the 2016 third quarter, compared to 5.1% for the 2015 third quarter. For the trailing twelve months ended September 30, 2016, net income available to Arch common shareholders produced a 10.6% return on average common equity. The Companys book value per common... More
