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ARCH CAPITAL GROUP LTD. (NASDAQ - ACGL)  
 2013 Y2014 Y2015 Y2016 Y2017 Q1 YTD
Source Document12/31/201512/31/201612/31/201612/31/20163/31/2017
Currency CodeUSDUSDUSDUSDUSD
(in thousands)     
      
Revenues 
Net premiums written 3,351,3673,891,9383,817,5314,031,3911,276,260
Change in unearned premiums (205,415)(298,190)(83,626)(146,569)(159,243)
Net premiums earned 3,145,9523,593,7483,733,9053,884,8221,117,017
Net investment income 267,219302,585348,090366,742117,874
Net realized gains (losses) 74,018102,917(185,842)137,58634,153
Other-than-temporary impairment losses (3,961)(30,470)(26,152)(30,794)(1,807)
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)(1,807)
Other underwriting income 7,63910,14235,49757,1734,633
Equity in net income (loss) of investment funds accounted for using the equity method 35,70119,88325,45548,47548,088
Other income (loss) (586)(10,252)(399)(800)(782)
Total revenues 3,526,1573,988,8733,936,5904,463,5561,319,176
Expenses 
Losses and loss adjustment expenses 1,679,4241,919,2502,050,9032,185,599552,570
Acquisition expenses 564,103657,262681,476678,033182,289
Other operating expenses 500,730556,280607,516633,025174,719
Corporate expenses NA49,94449,74581,74627,792
Amortization of intangible assets NANANANA31,294
Interest expense 27,06045,63445,87466,25228,676
Net foreign exchange losses (gains) 12,335(83,744)(66,118)(36,651)19,404
Total expenses 2,783,6523,144,6263,369,3963,608,0041,016,744
Income before income taxes 742,505844,247567,194855,552302,432
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(28,397)
Net income 709,731821,260526,582824,178274,035
Net (income) loss attributable to noncontrolling interests 013,09511,156(131,440)(20,908)
Net income available to Arch 709,731834,355537,738692,738253,127
Preferred dividends (21,938)(21,938)(21,938)(28,070)(11,218)
Net income available to Arch common shareholders 687,793812,417515,800664,668241,909
Net income per common share and common share equivalent 
Basic 5.246.214.245.51.8
Diluted 5.076.024.095.331.74
Weighted average common shares and common share equivalents outstanding 
Basic 131,355,392130,817,610121,786,127120,792,114134,034,927
Diluted 135,777,183134,922,322126,038,743124,717,493139,047,672
Comprehensive Income 
Net income 709,731821,260526,582824,178274,035
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)100,792
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 (32,686)(65,104)(28,233)(56,361)(5,044)
Foreign currency translation adjustments (2,789)(27,014)(34,111)(20,381)3,124
Comprehensive income 497,678875,152380,958726,071372,907
Other comprehensive (income) loss attributable to noncontrolling interests 0026568NA
Net (income) loss attributable to noncontrolling interests 013,09511,156(131,440)(20,908)
Foreign currency translation adjustments attributable to noncontrolling interests NANANANA(8)
Comprehensive income available to Arch 497,678888,247392,379594,699351,991


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