Name | Value |
---|---|
Revenues | 4,551.0M |
Cost of Revenue | 0.0M |
Gross Profit | 4,551.0M |
Operating Expense | 1,171.0M |
Operating I/L | 977.0M |
Other Income/Expense | 73.0M |
Interest Income | 0.0M |
Pretax | 1,050.0M |
Income Tax Expense | 98.0M |
Net Income/Loss | 988.0M |
Arch Capital Group Ltd. and its subsidiaries offer a wide range of insurance, reinsurance, and mortgage insurance products globally. The company's Insurance segment provides various casualty, property, and specialty insurance coverages, marketed through independent brokers. Its Reinsurance segment offers reinsurance products for diverse risks, including casualty, property, and life, marketed through brokers. The Mortgage segment provides direct mortgage insurance and mortgage reinsurance. The company generates revenue by underwriting insurance policies, collecting premiums, and investing the premiums to generate investment income, while managing risks through reinsurance and risk management solutions.