Arch Capital Group Ltd (ACGL) Tops Q3 EPS by 7c
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Arch Capital Group Ltd. Reports 2018 Third Quarter Results
October 30, 2018 4:04 PM EDTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ: ACGL) announces its 2018 third quarter results. The results included:
Net income available to Arch common shareholders of $217.0 million, or $0.53 per share, a 10.2% annualized return on average common equity, compared to a net loss of $52.8 million, or $0.13 per share, for the 2017 third quarter; After-tax operating income available to Arch common shareholders, a non-GAAP measure, of $242.3 million, or $0.59 per share, an 11.4% annualized return on average common equity, compared to a net loss of $107.1 million, or $0.26 per share, for the 2017 third quarter;... More