Mobile IR SitePDF viewExcel downloadPrint view
ARCH CAPITAL GROUP LTD. (NASDAQ - ACGL)  
 2013 Y2014 Y2015 Y2016 Y
Source Document12/31/201512/31/201612/31/201612/31/2016
Currency CodeUSDUSDUSDUSD
(in thousands)    
     
Revenues 
Net premiums written 3,351,3673,891,9383,817,5314,031,391
Change in unearned premiums (205,415)(298,190)(83,626)(146,569)
Net premiums earned 3,145,9523,593,7483,733,9053,884,822
Net investment income 267,219302,585348,090366,742
Net realized gains (losses) 74,018102,917(185,842)137,586
Other-than-temporary impairment losses (3,961)(30,470)(26,152)(30,794)
Less investment impairments recognized in other comprehensive income, before taxes 1753206,036352
Net impairment losses recognized in earnings (3,786)(30,150)(20,116)(30,442)
Other underwriting income 7,63910,14235,49757,173
Equity in net income of investment funds accounted for using the equity method 35,70119,88325,45548,475
Other income (loss) (586)(10,252)(399)(800)
Total revenues 3,526,1573,988,8733,936,5904,463,556
Expenses 
Losses and loss adjustment expenses 1,679,4241,919,2502,050,9032,185,599
Acquisition expenses 564,103657,262681,476678,033
Other operating expenses 500,730556,280607,516633,025
Corporate expenses NA49,94449,74581,746
Interest expense 27,06045,63445,87466,252
Net foreign exchange (gains) losses 12,335(83,744)(66,118)(36,651)
Total expenses 2,783,6523,144,6263,369,3963,608,004
Income before income taxes 742,505844,247567,194855,552
Income taxes 
Current tax expense 32,69630,55044,19450,745
Deferred tax (benefit) expense 78(7,563)(3,582)(19,371)
Income tax expense 32,77422,98740,61231,374
Net income 709,731821,260526,582824,178
Net (income) loss attributable to noncontrolling interests 013,09511,156(131,440)
Net income available to Arch 709,731834,355537,738692,738
Preferred dividends (21,938)(21,938)(21,938)(28,070)
Net income available to Arch common shareholders 687,793812,417515,800664,668
Net income per common share and common share equivalent 
Basic 5.246.214.245.5
Diluted 5.076.024.095.33
Weighted average common shares and common share equivalents outstanding 
Basic 131,355,392130,817,610121,786,127120,792,114
Diluted 135,777,183134,922,322126,038,743124,717,493
Comprehensive Income 
Net income 709,731821,260526,582824,178
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)
Portion of other-than-temporary impairment losses recognized in other comprehensive income, net of deferred income tax (175)(320)(6,036)(352)
Reclassification of net realized gains, net of income taxes, included in net income (32,686)(65,104)(28,233)(56,361)
Foreign currency translation adjustments (2,789)(27,014)(34,111)(20,381)
Comprehensive income 497,678875,152380,958726,071
Net (income) loss attributable to noncontrolling interests 013,09511,156(131,440)
Other comprehensive (income) loss attributable to noncontrolling interests 0026568
Comprehensive income available to Arch 497,678888,247392,379594,699


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 2017, © S&P Global Market Intelligence  Terms of Use