Arch capital group ltd. reports 2023 second quarter results

Pembroke, bermuda--(business wire)--arch capital group ltd. (nasdaq: acgl; “arch” or “the company”) announces its 2023 second quarter results. the results included: net income available to arch common shareholders of $661 million, or $1.75 per share, a 19.6% annualized net income return on average common equity, compared to $394 million, or $1.04 per share, for the 2022 second quarter. after-tax operating income available to arch common shareholders(1) of $726 million, or $1.92 per share, a 21.
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