Arch Capital Group Ltd (ACGL) Tops Q4 EPS by 18c
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Arch Capital Group Ltd. Reports 2020 Fourth Quarter Results
February 9, 2021 4:22 PM ESTPEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (NASDAQ: ACGL) announces its 2020 fourth quarter results. The results included:
Net income available to Arch common shareholders of $533.1 million, or $1.30 per share, a 17.8% annualized return on average common equity, compared to $316.0 million, or $0.76 per share, for the 2019 fourth quarter; After-tax operating income available to Arch common shareholders(1) of $230.4 million, or $0.56 per share, a 7.7% annualized return on average common equity, compared to $308.4 million, or $0.74 per share, for the 2019 fourth quarter; Pre-tax current accident year catastrophic losses for the Companys insurance and... More