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ARCH CAPITAL GROUP LTD. (NASDAQ - ACGL)  
 2013 Y2014 Y2015 Y2016 Y2017 Q3 YTD
Source Document12/31/201512/31/201612/31/201612/31/20169/30/2017
Currency CodeUSDUSDUSDUSDUSD
(in thousands)     
      
Revenues 
Net premiums written 3,351,3673,891,9383,817,5314,031,3913,850,358
Change in unearned premiums (205,415)(298,190)(83,626)(146,569)(230,581)
Net premiums earned 3,145,9523,593,7483,733,9053,884,8223,619,777
Net investment income 267,219302,585348,090366,742345,457
Net realized gains (losses) 74,018102,917(185,842)137,586122,163
Other-than-temporary impairment losses (3,961)(30,470)(26,152)(30,794)(5,415)
Less investment impairments recognized in other comprehensive income, before taxes 1753206,0363520
Net impairment losses recognized in earnings (3,786)(30,150)(20,116)(30,442)(5,415)
Other underwriting income 7,63910,14235,49757,17315,519
Equity in net income (loss) of investment funds accounted for using the equity method 35,70119,88325,45548,475111,884
Other income (loss) (586)(10,252)(399)(800)(3,118)
Total revenues 3,526,1573,988,8733,936,5904,463,5564,206,267
Expenses 
Losses and loss adjustment expenses 1,679,4241,919,2502,050,9032,185,5992,288,571
Acquisition expenses 564,103657,262681,476678,033566,579
Other operating expenses 500,730556,280607,516633,025514,827
Corporate expenses NA49,94449,74581,74669,766
Amortization of intangible assets NANANANA93,942
Interest expense 27,06045,63445,87466,25286,935
Net foreign exchange losses (gains) 12,335(83,744)(66,118)(36,651)86,975
Total expenses 2,783,6523,144,6263,369,3963,608,0043,707,595
Income (loss) before income taxes 742,505844,247567,194855,552498,672
Income tax expense 
Current tax expense 32,69630,55044,19450,745NA
Deferred tax (benefit) expense 78(7,563)(3,582)(19,371)NA
Income tax expense 32,77422,98740,61231,374(70,755)
Net income (loss) 709,731821,260526,582824,178427,917
Net (income) loss attributable to noncontrolling interests 013,09511,156(131,440)(23,279)
Net income (loss) available to Arch 709,731834,355537,738692,738404,638
Preferred dividends (21,938)(21,938)(21,938)(28,070)(34,936)
Loss on redemption of preferred shares NANANANA(6,735)
Net income (loss) available to Arch common shareholders 687,793812,417515,800664,668362,967
Net income (loss) per common share and common share equivalent 
Basic 5.246.214.245.52.7
Diluted 5.076.024.095.332.61
Weighted average common shares and common share equivalents outstanding 
Basic 131,355,392130,817,610121,786,127120,792,114134,472,129
Diluted 135,777,183134,922,322126,038,743124,717,493139,222,324
Comprehensive Income 
Net income (loss) 709,731821,260526,582824,178427,917
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 (176,403)146,330(77,244)(21,013)260,223
Portion of other-than-temporary impairment losses recognized in other comprehensive income, net of deferred income tax (175)(320)(6,036)(352)0
Reclassification of net realized (gains) losses, net of income taxes, included in net income (loss) (32,686)(65,104)(28,233)(56,361)(46,180)
Foreign currency translation adjustments (2,789)(27,014)(34,111)(20,381)29,701
Comprehensive income 497,678875,152380,958726,071671,661
Net (income) loss attributable to noncontrolling interests 013,09511,156(131,440)(23,279)
Other comprehensive (income) loss attributable to noncontrolling interests 0026568NA
Foreign currency translation adjustments attributable to noncontrolling interests NANANANA479
Comprehensive income available to Arch 497,678888,247392,379594,699648,861


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