Arch Capital Group Ltd (ACGL) Tops Q2 EPS by 82c
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Arch Capital Group Ltd. Reports 2021 Second Quarter Results
July 28, 2021 4:11 PM EDTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ: ACGL) announces its 2021 second quarter results. The results included:
Net income available to Arch common shareholders of $663.8 million, or $1.63 per share, a 21.2% annualized return on average common equity, compared to $288.4 million, or $0.71 per share, for the 2020 second quarter; After-tax operating income available to Arch common shareholders(1) of $407.2 million, or $1.00 per share, a 13.0% annualized return on average common equity, compared to $16.6 million, or $0.04 per share, for the 2020 second quarter; Pre-tax current accident year catastrophic losses for the Companys insurance and... More