Arch Capital Group Ltd (ACGL) Tops Q3 EPS by 23c
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Arch Capital Group Ltd. Reports 2021 Third Quarter Results
October 27, 2021 4:12 PM EDTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ: ACGL) announces its 2021 third quarter results. The results included:
Net income available to Arch common shareholders of $388.8 million, or $0.98 per share, a 12.3% annualized net income return on average common equity, compared to $408.6 million, or $1.00 per share, for the 2020 third quarter; After-tax operating income available to Arch common shareholders(1) of $294.7 million, or $0.74 per share, a 9.3% annualized operating return on average common equity, compared to $120.3 million, or $0.29 per share, for the 2020 third quarter; Pre-tax current accident year catastrophic losses... More