Name | Value |
---|---|
Revenues | 3,873.0M |
Cost of Revenue | 383.0M |
Gross Profit | 3,490.0M |
Operating Expense | 1,057.0M |
Operating I/L | 172.0M |
Other Income/Expense | 1,086.0M |
Interest Income | -99.0M |
Pretax | 1,086.0M |
Income Tax Expense | -1,076.0M |
Net Income/Loss | 2,334.0M |
Arch Capital Group Ltd. provides insurance, reinsurance, and mortgage insurance products globally. Its Insurance segment offers various coverages including casualty, property, marine, aviation, and professional liability insurance. The company's Reinsurance segment provides reinsurance for various risks such as casualty, marine, aviation, and life. Additionally, the Mortgage segment offers direct mortgage insurance and mortgage reinsurance. The company generates revenue by underwriting insurance policies, collecting premiums, and investing the premiums to generate investment income. It markets its products through licensed independent retail and wholesale brokers, as well as brokers for its reinsurance products.