Arch Capital Group Ltd (ACGL) Tops Q4 EPS by 8c
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Arch Capital Group Ltd. Reports 2018 Fourth Quarter Results
February 12, 2019 4:04 PM ESTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ: ACGL) announces its 2018 fourth quarter results. The results included:
Net income available to Arch common shareholders of $126.1 million, or $0.31 per share, a 5.9% annualized return on average common equity, compared to $203.5 million, or $0.49 per share, for the 2017 fourth quarter; After-tax operating income available to Arch common shareholders, a non-GAAP measure, of $189.2 million, or $0.46 per share, an 8.8% annualized return on average common equity, compared to $187.4 million, or $0.45 per share, for the 2017 fourth quarter; Pre-tax current accident year... More