Arch's operating income jumps 28% as insurance unit swings to profitability
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Arch's operating income jumps 28% as insurance unit swings to profitability

Bernard Goyder
April 27, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
arch-logo-bermuda-with-grandisson.jpg

Arch Capital’s operating earnings per share leapt 28% in Q1 to $0.59, ahead of analysts' $0.45 a share consensus estimate, as the company continued to expand top-line amid favorable market conditions.

Arch’s combined ratio improved by 1.3 points to 89.2% and as the company produced an underwriting profit just shy of $200mn, a 24% improvement on Q1 last year.

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

Arch Capital News Earnings
BG
Bernard Goyder
Gift this article