Arch Capital Group said net income available to Arch common shareholders for Q4 2024 was $925 million, or $2.42 per share, compared to $2.3 billion, or $6.12 per share, for Q4 2023. After-tax operating income available to Arch common shareholders for Q4 2023 was $866 million, or $2.26 per share, compared to $945 million, or $2.49 per share.

1. 01

   Arch Capital Group said net income available to Arch common shareholders for Q4 2024 was $925 million, or $2.42 per share, compared to $2.3 billion, or $6.12 per share, for Q4 2023. After-tax operating income available to Arch common shareholders for Q4 2023 was $866 million, or $2.26 per share, compared to $945 million, or $2.49 per share.

2. 02

   Arch Capital said that for Q4 2024, pre-tax current accident year catastrophic losses for the Company's insurance and reinsurance segments, net of reinsurance and reinstatement premiums, were $393 million, due in part to Hurricanes Milton and Helene. The combined ratio excluding catastrophic activity and prior year development was 79.0% for Q4 2023, compared to 78.9%.

3. 03

   Arch Capital Group reported that gross premiums written for Q4 2024 were $4,756 million, an increase of 11.9%, and net premiums earned were $4,143 million, an increase of 23.9%. Underwriting income was $625 million, a decrease of 12.6% from $715 million for Q4 2023.

4. 04

   The company announced share repurchases of approximately $24 million for Q4 2024, in addition to a special cash dividend of $1.9 billion, or $5.00 per share, paid on December 4, 2024. Book value per common share as of December 31, 2024 was $53.11, a decrease of 6.8% from September 30, or an increase of 1.9% excluding the impact of the special cash dividend.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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