Arch Capital Group Ltd (ACGL) Tops Q1 EPS by 14c
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Arch Capital Group Ltd. Reports 2021 First Quarter Results
April 27, 2021 5:02 PM EDTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ: ACGL) announces its 2021 first quarter results. The results included:
Net income available to Arch common shareholders of $427.8 million, or $1.05 per share, a 13.9% annualized return on average common equity, compared to $133.7 million, or $0.32 per share, for the 2020 first quarter; After-tax operating income available to Arch common shareholders(1) of $239.8 million, or $0.59 per share, a 7.8% annualized return on average common equity, compared to $189.8 million, or $0.46 per share, for the 2020 first quarter; Pre-tax current accident year catastrophic losses for the Companys insurance and... More