ACGL Stock Recent News
ACGL LATEST HEADLINES
Arch Capital is poised to gain from new business opportunities, increased exposures, a better renewal rate environment and effective capital deployment.
Arch Capital Group Ltd. (NASDAQ:ACGL ) Q4 2024 Earnings Conference Call February 11, 2025 11:00 AM ET Company Participants Nicolas Papadopoulo - Chief Executive Officer Francois Morin - Chief Financial Officer and Treasurer Conference Call Participants Elyse Greenspan - Wells Fargo Michael Zaremski - BMO Capital Markets Jamminder Bhullar - JPMorgan Wes Carmichael - Autonomous David Motemaden - Evercore ISI Andrew Kligerman - TD Cowen Cave Montazeri - Deutsche Bank Alex Scott - Barclays Andrew Andersen - Jefferies Meyer Shields - Keefe, Bruyette & Woods Brian Meredith - UBS Operator Good day, ladies and gentlemen, and welcome to the Q4 2024 Arch Capital Earnings Conference Call.
ACGL's fourth-quarter results reflect higher premiums written across its Insurance, Reinsurance and Mortgage segments and improved net investment income.
While the top- and bottom-line numbers for Arch Capital (ACGL) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Arch Capital Group (ACGL) came out with quarterly earnings of $2.26 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $2.49 per share a year ago.
PEMBROKE, Bermuda--(BUSINESS WIRE)--Arch Capital Group Ltd. (NASDAQ: ACGL; “Arch,” “our” or “the Company”) announces its 2024 fourth quarter results. The results included: Net income available to Arch common shareholders of $925 million, or $2.42 per share, representing a 17.9% annualized net income return on average common equity, compared to net income available to Arch common shareholders of $2.3 billion, or $6.12 per share, for the 2023 fourth quarter. After-tax operating income available t.
Investors need to pay close attention to Arch Capital (ACGL) stock based on the movements in the options market lately.
The Progressive, Chubb, The Travelers, The Allstate and Arch Capital have been highlighted in this Industry Outlook article.
Zacks Property and Casualty Insurance players like PGR, CB, TRV, ALL and ACGL are likely to benefit from catastrophes that drive policy renewal rate and pricing.
ACGL's Q4 results are likely to reflect new business opportunities, growth in existing accounts and growth in invested assets, partly offset by escalating expenses.