Arch Cap Group Ltd Stock Price, News & Analysis

Arch Capital Group Ltd. reported estimated pre-tax net catastrophe losses of $530 million to $560 million for the third quarter of 2022, primarily driven by Hurricane Ian and other global events. The losses are expected to be divided approximately 70% between reinsurance and 30% between insurance. The company noted significant uncertainties surrounding claims and damages due to the timing of the events. Arch holds $15.1 billion in capital as of June 30, 2022, and operates through wholly owned subsidiaries across the globe.

Arch Capital Group Ltd. (NASDAQ: ACGL) plans to release its Q3 2022 results on Wednesday, Oct. 26, post-market. The company will host a conference call for investors and analysts at 11 a.m. ET on Thursday, Oct. 27 to discuss these results. A live webcast will be accessible on its website, with an archived recording available two hours after the event for one year. As of June 30, 2022, Arch Capital held approximately $15.1 billion in capital, specializing in global insurance, reinsurance, and mortgage insurance.

Arch Capital Group Ltd. (NASDAQ: ACGL) reported its Q2 2022 results, with a net income of $394.2 million ($1.04 per share), a decrease from $663.8 million ($1.63 per share) in Q2 2021. The annualized net income return on equity stood at 13.3%. After-tax operating income rose to $506.5 million ($1.34 per share), up from $407.2 million ($1.00 per share) the previous year. Gross premiums increased by 17.8% to $3.87 billion. The combined ratio, excluding catastrophic events, was 80.8%. Shareholder equity decreased by 2.5% compared to March 2022, with a book value of $31.37 per share.

Arch Capital Group Ltd. (NASDAQ: ACGL) will release its 2022 second quarter results on July 27, 2022, after market close. The company plans a conference call for investors and analysts on July 28, 2022, at 11 a.m. Eastern Time. A live webcast will be available on their website. As of March 31, 2022, Arch Capital had approximately $15.6 billion in capital, providing insurance and reinsurance services worldwide.

Arch Capital Group Ltd. (NASDAQ: ACGL) reported its Q1 2022 financial results, revealing a net income of $185.6 million ($0.48 per share), down from $427.8 million ($1.05 per share) in Q1 2021. The company’s after-tax operating income was $422 million ($1.10 per share), significantly higher than $239.8 million ($0.59 per share) a year earlier. Total gross premiums written increased by 11.9% to $3.8 billion. The combined ratio improved to 78.7% from 90.7%, showcasing operational efficiency despite $85.8 million in catastrophic losses tied to global events such as the Ukraine crisis.

Arch Capital Group Ltd. (NASDAQ: ACGL) is set to release its 2022 first-quarter results post-market on April 27, 2022. The company will host a conference call for investors on April 28, 2022, at 11:00 a.m. ET. Investors can access a live webcast through the Investors section of its website. A recording will be available after 2:00 p.m. ET on the same day. The company, based in Bermuda, reported approximately $16.3 billion in capital as of December 31, 2021.

Arch Capital Group Ltd. (NASDAQ: ACGL) reported robust results for Q4 2021, marking significant growth compared to Q4 2020. Net income available to common shareholders surged to $613.1 million, or $1.58 per share, reflecting a 19.4% annualized return on equity. After-tax operating income was $493.3 million, or $1.27 per share. The company's gross premiums written reached $2.86 billion, a 26.8% increase year-over-year. The combined ratio was 77.6%, a notable improvement from 88.3% in the previous year. Share repurchases totaled 8.7 million shares at $362.1 million during the quarter.

Arch Capital Group Ltd. (NASDAQ: ACGL) plans to announce its fourth quarter 2021 results on February 9, 2022, after market hours. An investor conference call is scheduled for February 10, 2022, at 11:00 a.m. Eastern Time. A live webcast will be available on the company's website. A replay of the call will be accessible from February 10 until February 17, 2022. Arch Capital, headquartered in Bermuda, has approximately $16.1 billion in capital as of September 30, 2021.

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of 'aa-' (Superior) for Arch Reinsurance Ltd. and its affiliates. Arch Capital Group Ltd. (NASDAQ: ACGL) also received affirmed ratings with stable outlooks. The ratings reflect Arch's strongest balance sheet strength, strong operating performance, and favorable business profile. The stable outlook indicates expectations of continued robust balance sheet strength and stable operations.