Arch Capital 2016 Q1 Net Income: $149.3 Million

April 29, 2016

Bermuda-based Arch Capital Group Ltd. reports that net income available to Arch common shareholders for the 2016 first quarter was $149.3 million, or $1.20 per share, compared to $277.9 million, or $2.16 per share, for the 2015 first quarter.

The Company also reported after-tax operating income available to Arch common shareholders of $145.7 million, or $1.17 per share, for the 2016 first quarter, compared to $149.8 million, or $1.17 per share, for the 2015 first quarter.

The Company’s after-tax operating income available to Arch common shareholders represented an annualized return on average common equity of 9.7% for the 2016 first quarter, compared to 10.2% for the 2015 first quarter. For the trailing twelve months ended March 31, 2016, after-tax operating income available to Arch common shareholders produced a 9.3% return on average common equity while net income available to Arch common shareholders produced a 6.4% return on average common equity.

The Company’s book value per common share was $49.87 at March 31, 2016, a 4.0% increase from $47.95 per share at December 31, 2015 and a 4.3% increase from $47.80 per share at March 31, 2015. All earnings per share amounts discussed in this release are on a diluted basis.

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