Workflow
Arch Capital Group Ltd. Reports 2023 Fourth Quarter Results
ACGLArch Capital .(ACGL) Businesswire·2024-02-14 21:11

PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL; “Arch,” “our” or “the Company”) announces its 2023 fourth quarter results. The results included: Net income available to Arch common shareholders of $2.3 billion, or $6.12 per share, representing a 58.2% annualized net income return on average common equity, compared to net income available to Arch common shareholders of $849 million, or $2.26 per share, for the 2022 fourth quarter. Fourth quarter results were impacted by the est ...