Mobile IR SitePDF viewExcel downloadPrint view
ARCH CAPITAL GROUP LTD. (NASDAQ - ACGL)  
 2014 Y2015 Y2016 Y2017 Y2018 Q3 YTD
Source Document12/31/201612/31/201712/31/201712/31/20179/30/2018
Currency CodeUSDUSDUSDUSDUSD
(in thousands)     
      
Revenues 
Net premiums written 3,891,9383,817,5314,031,3914,961,3734,044,993
Change in unearned premiums (298,190)(83,626)(146,569)(116,841)(182,453)
Net premiums earned 3,593,7483,733,9053,884,8224,844,5323,862,540
Net investment income 302,585348,090366,742470,872406,416
Net realized gains (losses) 102,917(185,842)137,586149,141(239,314)
Other-than-temporary impairment losses (30,470)(26,152)(30,794)(7,138)(1,124)
Less investment impairments recognized in other comprehensive income, before taxes 3206,03635200
Net impairment losses recognized in earnings (30,150)(20,116)(30,442)(7,138)(1,124)
Other underwriting income 10,14235,49757,17330,25315,046
Equity in net income (loss) of investment funds accounted for using the equity method 19,88325,45548,475142,28652,523
Other income (loss) (10,252)(399)(800)(2,571)2,461
Total revenues 3,988,8733,936,5904,463,5565,627,3754,098,548
Expenses 
Losses and loss adjustment expenses 1,919,2502,050,9032,185,5992,967,4462,062,433
Acquisition expenses 657,262662,778667,625775,458595,816
Other operating expenses 556,280603,288624,090684,451512,294
Corporate expenses 49,94449,74581,74683,75252,159
Amortization of intangible assets NA22,92619,343125,77879,523
Interest expense 45,63445,87466,252117,43190,710
Net foreign exchange (gains) losses (83,744)(66,118)(36,651)115,782(44,823)
Total expenses 3,144,6263,369,3963,608,0044,870,0983,348,112
Income (loss) before income taxes 844,247567,194855,552757,277750,436
Income tax expense 
Current tax (benefit) expense 30,55044,19450,745(45,736)NA
Deferred tax expense (benefit) (7,563)(3,582)(19,371)173,304NA
Income tax expense 22,98740,61231,374127,568(78,939)
Net income (loss) 821,260526,582824,178629,709671,497
Net (income) loss attributable to noncontrolling interests 13,09511,156(131,440)(10,431)(50,020)
Net income (loss) available to Arch 834,355537,738692,738619,278621,477
Preferred dividends (21,938)(21,938)(28,070)(46,041)(31,242)
Loss on redemption of preferred shares NA00(6,735)(2,710)
Net income (loss) available to Arch common shareholders 812,417515,800664,668566,502587,525
Net income (loss) per common share and common share equivalent 
Basic 6.214.245.54.211.45
Diluted 6.024.095.334.071.42
Weighted average common shares and common share equivalents outstanding 
Basic 130,817,610121,786,127120,792,114134,712,788405,076,228
Diluted 134,922,322126,038,743124,717,493139,261,675413,993,192
Comprehensive Income 
Net income (loss) 821,260526,582824,178629,709671,497
Other comprehensive income (loss), net of deferred income tax 
Unrealized appreciation (decline) in value of available-for-sale investments 
Unrealized holding gains (losses) arising during period 146,330(77,244)(21,013)252,904(305,256)
Portion of other-than-temporary impairment losses recognized in other comprehensive income, net of deferred income tax (320)(6,036)(352)NANA
Reclassification of net realized (gains) losses, net of income taxes, included in net income (loss) (65,104)(28,233)(56,361)(67,863)122,307
Portion of other-than-temporary impairment losses recognized in other comprehensive income, net of deferred income tax NANANA0NA
Foreign currency translation adjustments (27,014)(34,111)(20,381)47,014(9,250)
Comprehensive income 875,152380,958726,071861,764479,298
Net (income) loss attributable to noncontrolling interests 13,09511,156(131,440)(10,431)(50,020)
Other comprehensive (income) loss attributable to noncontrolling interests 0265685302,908
Comprehensive income available to Arch 888,247392,379594,699851,863432,186


Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

Copyright 2018, © S&P Global Market Intelligence  Terms of Use