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 through licensed independent brokers. Its Reinsurance segment offers reinsurance for diverse risks, including liability, workers' compensation, and catastrophe exposures, marketed through brokers. The Mortgage segment offers private mortgage insurance and credit risk-sharing products to mortgage originators. The company generates revenue by underwriting insurance policies, providing reinsurance coverage, and offering mortgage insurance products to residential mortgage lenders.