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ARCH CAPITAL GROUP LTD. (NASDAQ - ACGL)  
 2012 Y2013 Y2014 Y2015 Y2016 Q3 YTD
Source Document12/31/201412/31/201512/31/201512/31/20159/30/2016
Currency CodeUSDUSDUSDUSDUSD
(in thousands)     
      
Revenues 
Net premiums written 3,052,2353,351,3673,891,9383,817,5313,159,076
Change in unearned premiums (117,095)(205,415)(298,190)(83,626)(243,109)
Net premiums earned 2,935,1403,145,9523,593,7483,733,9052,915,967
Net investment income 294,895267,219302,585348,090275,691
Net realized gains (losses) 194,22874,018102,917(185,842)230,647
Other-than-temporary impairment losses (12,175)(3,961)(30,470)(26,152)(16,999)
Less investment impairments recognized in other comprehensive income, before taxes 7871753206,036150
Net impairment losses recognized in earnings (11,388)(3,786)(30,150)(20,116)(16,849)
Other underwriting income 8,0907,63910,14235,49738,251
Equity in net income (loss) of investment funds accounted for using the equity method 73,51035,70119,88325,45532,054
Other income (loss) (12,094)(586)(10,252)(399)(432)
Total revenues 3,482,3813,526,1573,988,8733,936,5903,475,329
Expenses 
Losses and loss adjustment expenses 1,861,2771,679,4241,919,2502,050,9031,631,724
Acquisition expenses 508,884564,103657,262681,476509,607
Other operating expenses 465,353500,730606,224657,261467,416
Corporate expenses NANANANA45,068
Interest expense 28,52527,06045,63445,87447,713
Net foreign exchange (gains) losses 28,95512,335(83,744)(66,118)1,525
Total expenses 2,892,9942,783,6523,144,6263,369,3962,703,053
Income before income taxes 589,387742,505844,247567,194772,276
Income tax expense 
Current tax expense 9,00432,69630,55044,194NA
Deferred tax (benefit) expense (13,014)78(7,563)(3,582)NA
Income tax expense (4,010)32,77422,98740,612(43,672)
Net income 593,397709,731821,260526,582728,604
Net (income) loss attributable to noncontrolling interests 0013,09511,156(109,879)
Net income available to Arch 593,397709,731834,355537,738618,725
Preferred dividends (25,079)(21,938)(21,938)(21,938)(16,453)
Loss on repurchase of preferred shares (10,612)NANANANA
Net income available to Arch common shareholders 557,706687,793812,417515,800602,272
Net income per common share 
Basic 4.155.246.214.244.99
Diluted 4.035.076.024.094.84
Weighted average common shares and common share equivalents outstanding 
Basic 134,446,158131,355,392130,817,610121,786,127120,656,420
Diluted 138,258,847135,777,183134,922,322126,038,743124,528,174
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME 
Comprehensive Income 
Net income 593,397709,731821,260526,582728,604
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 273,931(176,403)146,330(77,244)251,722
Portion of other-than-temporary impairment losses recognized in other comprehensive income, net of deferred income tax (787)(175)(320)(6,036)(150)
Reclassification of net realized (gains) losses, net of income taxes, included in net income (157,824)(32,686)(65,104)(28,233)(109,309)
Foreign currency translation adjustments 17,774(2,789)(27,014)(34,110)(6,150)
Comprehensive Income 726,491497,678875,152380,959864,717
Net (income) loss attributable to noncontrolling interests 000265(109,879)
Foreign currency translation adjustments attributable to noncontrolling interests NANANANA141
Comprehensive income available to Arch 726,491497,678888,247392,380754,979


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