Arch Capital Group Ltd (ACGL) Tops Q4 EPS by 80c
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Arch Capital Group Ltd. Reports 2022 Fourth Quarter Results
February 13, 2023 4:10 PM ESTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ: ACGL; Arch or the Company) announces its 2022 fourth quarter results. The results included:
Net income available to Arch common shareholders of $849.5 million, or $2.26 per share, a 29.5% annualized net income return on average common equity, compared to $613.1 million, or $1.58 per share, for the 2021 fourth quarter; After-tax operating income available to Arch common shareholders(1) of $805.9 million, or $2.14 per share, a 28.0% annualized operating return on average common equity, compared to $493.3 million, or $1.27 per share, for the 2021 fourth quarter; Pre-tax current accident year catastrophic losses for the Companys... More