Arch Capital Group Ltd (ACGL) Tops Q1 EPS by 13c
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Arch Capital Group Ltd. Reports 2022 First Quarter Results
April 27, 2022 4:11 PM EDTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ: ACGL; Arch or the Company) announces its 2022 first quarter results. The results included:
Net income available to Arch common shareholders of $185.6 million, or $0.48 per share, a 6.0% annualized net income return on average common equity, compared to $427.8 million, or $1.05 per share, for the 2021 first quarter; After-tax operating income available to Arch common shareholders(1) of $422.0 million, or $1.10 per share, a 13.6% annualized operating return on average common equity, compared to $239.8 million, or $0.59 per share, for the 2021 first quarter; Pre-tax... More