Arch Capital Reports 2017 First Quarter Results

April 27, 2017

Bermuda-based Arch Capital Group Ltd. reportED that net income available to Arch common shareholders for the 2017 first quarter was $241.9 million, or $1.74 per share, compared to $149.3 million, or $1.20 per share, for the 2016 first quarter.

The Company’s net income available to Arch common shareholders represented an annualized return on average common equity of 12.6% for the 2017 first quarter, compared to 10.0% for the 2016 first quarter. For the trailing twelve months ended March 31, 2017, net income available to Arch common shareholders produced a 10.9% return on average common equity.

The Company’s book value per common share was $57.69 at March 31, 2017, a 4.5% increase from $55.19 per share at December 31, 2016 and a 16.4% increase from $49.55 per share at March 31, 2016. All earnings per share amounts discussed in this release are on a diluted basis.

The Company also reported after-tax operating income available to Arch common shareholders, a non-GAAP measure, of $198.0 million, or $1.42 per share, for the 2017 first quarter, compared to $145.7 million, or $1.17 per share, for the 2016 first quarter.

The Company’s after-tax operating income available to Arch common shareholders represented an annualized return on average common equity of 10.3% for the 2017 first quarter, compared to 9.8% for the 2016 first quarter. For the trailing twelve months ended March 31, 2017, after-tax operating income available to Arch common shareholders produced a 9.1% return on average common equity.

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