Arch Capital Group Ltd (ACGL) Reports In-Line Q3 EPS
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Arch Capital Group Ltd. Reports 2024 Third Quarter Results
October 30, 2024 4:05 PM EDTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ: ACGL; Arch, our or the Company) announces its 2024 third quarter results. The results included:
Net income available to Arch common shareholders of $978 million, or $2.56 per share, representing a 19.0% annualized net income return on average common equity, compared to net income available to Arch common shareholders of $713 million, or $1.88 per share, for the 2023 third quarter. After-tax operating income available to Arch common shareholders(1) of $762 million, or $1.99 per share, representing a 14.8% annualized operating return on average common equity(1), compared to $876 million, or $2.31 per share, for the 2023 third... More