Arch Capital Group Ltd (ACGL) Tops Q3 EPS by 30c
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Arch Capital Group Ltd. Reports 2019 Third Quarter Results
October 29, 2019 4:04 PM EDTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ: ACGL) announces its 2019 third quarter results. The results included:
Net income available to Arch common shareholders of $382.1 million, or $0.92 per share, a 15.0% annualized return on average common equity, compared to $217.0 million, or $0.53 per share, for the 2018 third quarter; After-tax operating income available to Arch common shareholders, a non-GAAP measure, of $261.0 million, or $0.63 per share, a 10.3% annualized return on average common equity, compared to $242.3 million, or $0.59 per share, for the 2018 third quarter; Pre-tax current accident year catastrophic losses, net of... More