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ARCH CAPITAL GROUP LTD. (NASDAQ - ACGL)  
 2014 Y2015 Y2016 Y2017 Y
Source Document12/31/201612/31/201712/31/201712/31/2017
Currency CodeUSDUSDUSDUSD
(in thousands)    
     
Revenues 
Net premiums written 3,891,9383,817,5314,031,3914,961,373
Change in unearned premiums (298,190)(83,626)(146,569)(116,841)
Net premiums earned 3,593,7483,733,9053,884,8224,844,532
Net investment income 302,585348,090366,742470,872
Net realized gains (losses) 102,917(185,842)137,586149,141
Other-than-temporary impairment losses (30,470)(26,152)(30,794)(7,138)
Less investment impairments recognized in other comprehensive income, before taxes 3206,0363520
Net impairment losses recognized in earnings (30,150)(20,116)(30,442)(7,138)
Other underwriting income 10,14235,49757,17330,253
Equity in net income of investment funds accounted for using the equity method 19,88325,45548,475142,286
Other income (loss) (10,252)(399)(800)(2,571)
Total revenues 3,988,8733,936,5904,463,5565,627,375
Expenses 
Losses and loss adjustment expenses 1,919,2502,050,9032,185,5992,967,446
Acquisition expenses 657,262662,778667,625775,458
Other operating expenses 556,280603,288624,090684,451
Corporate expenses 49,94449,74581,74683,752
Amortization of intangible assets NA22,92619,343125,778
Interest expense 45,63445,87466,252117,431
Net foreign exchange losses (gains) (83,744)(66,118)(36,651)115,782
Total expenses 3,144,6263,369,3963,608,0044,870,098
Income before income taxes 844,247567,194855,552757,277
Income taxes 
Current tax (benefit) expense 30,55044,19450,745(45,736)
Deferred tax expense (benefit) (7,563)(3,582)(19,371)173,304
Income tax expense 22,98740,61231,374127,568
Net income 821,260526,582824,178629,709
Net (income) loss attributable to noncontrolling interests 13,09511,156(131,440)(10,431)
Net income available to Arch 834,355537,738692,738619,278
Preferred dividends (21,938)(21,938)(28,070)(46,041)
Loss on redemption of preferred shares NA00(6,735)
Net income available to Arch common shareholders 812,417515,800664,668566,502
Net income per common share and common share equivalent 
Basic 6.214.245.54.21
Diluted 6.024.095.334.07
Weighted average common shares and common share equivalents outstanding 
Basic 130,817,610121,786,127120,792,114134,712,788
Diluted 134,922,322126,038,743124,717,493139,261,675
Comprehensive Income 
Net income 821,260526,582824,178629,709
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 year 146,330(77,244)(21,013)252,904
Portion of other-than-temporary impairment losses recognized in other comprehensive income, net of deferred income tax (320)(6,036)(352)NA
Reclassification of net realized gains, net of income taxes, included in net income (65,104)(28,233)(56,361)(67,863)
Portion of other-than-temporary impairment losses recognized in other comprehensive income, net of deferred income tax NANANA0
Foreign currency translation adjustments (27,014)(34,111)(20,381)47,014
Comprehensive income 875,152380,958726,071861,764
Net (income) loss attributable to noncontrolling interests 13,09511,156(131,440)(10,431)
Other comprehensive (income) loss attributable to noncontrolling interests 0NANANA
Foreign currency translation adjustments attributable to noncontrolling interests NA26568530
Comprehensive income available to Arch 888,247392,379594,699851,863


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.

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