Arch Capital Q4 Profit Rises - Quick Facts

(RTTNews) - Arch Capital Group Ltd. (ACGL) reported fourth-quarter net income to shareholders of $156.0 million, or $1.14 per share, compared to $13.7 million, or $0.10 per share, last year. After-tax operating income available to shareholders was $152.7 million, or $1.12 per share, compared to an after-tax operating loss available to shareholders of $24.7 million, or $0.18 per share, prior year.

On average, 18 analysts polled by Thomson Reuters expected the company to report profit per share of $0.96 for the quarter. Analysts' estimates typically exclude special items.

Net premiums written increased to $748.92 million, from $613.14 million, prior year. Analysts expected revenue of $646.52 million for the quarter. Total revenues were $923.08 million, compared to $920.11 million, a year ago.