ARCH CAPITAL GROUP LTD
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
ACGL$108.12+0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(U.S. dollars and shares in millions)
| (Unaudited) | ||
|---|---|---|
| September 30,2024 | December 31,2023 | |
| Assets | ||
| Investments: | ||
| Fixed maturities available for sale, at fair value (amortized cost: $28,466 and $24,131; net of allowance for credit losses: $19 and $28) | $28,434 | $23,553 |
| Short-term investments available for sale, at fair value (amortized cost: $3,337 and $2,064; net of allowance for credit losses: $0 and $0) | 3,341 | 2,063 |
| Equity securities, at fair value | 1,623 | 1,186 |
| Other investments, at fair value | 3,261 | 2,488 |
| Investments accounted for using the equity method | 5,244 | 4,566 |
| Total investments | 41,903 | 33,856 |
| Cash | 1,025 | 917 |
| Accrued investment income | 292 | 236 |
| Investment in operating affiliates | 1,236 | 1,119 |
| Premiums receivable (net of allowance for credit losses: $52 and $34) | 6,364 | 4,644 |
| Reinsurance recoverable on unpaid and paid losses and loss adjustment expenses (net of allowance for credit losses: $17 and $21) | 7,948 | 7,064 |
| Contractholder receivables (net of allowance for credit losses: $4 and $3) | 2,078 | 1,814 |
| Ceded unearned premiums | 2,935 | 2,170 |
| Deferred acquisition costs | 1,744 | 1,531 |
| Receivable for securities sold | 790 | 63 |
| Goodwill and intangible assets | 1,486 | 731 |
| Other assets | 5,855 | 4,761 |
| Total assets | $73,656 | $58,906 |
| Liabilities | ||
| Reserve for losses and loss adjustment expenses | $28,679 | $22,752 |
| Unearned premiums | 11,238 | 8,808 |
| Reinsurance balances payable | 2,586 | 2,000 |
| Contractholder payables | 2,082 | 1,817 |
| Collateral held for insured obligations | 268 | 259 |
| Senior notes | 2,727 | 2,726 |
| Payable for securities purchased | 967 | 247 |
| Other liabilities | 2,835 | 1,942 |
| Total liabilities | 51,382 | 40,551 |
| Commitments and contingencies (refer to Note 11) | ||
| Redeemable noncontrolling interests | — | 2 |
| Shareholders' Equity | ||
| Non-cumulative preferred shares | 830 | 830 |
| Common shares ($0.0011 par, shares issued: 595.2 and 591.9) | 1 | 1 |
| Additional paid-in capital | 2,465 | 2,327 |
| Retained earnings | 23,642 | 20,295 |
| Accumulated other comprehensive income (loss), net of deferred income tax | (200) | (676) |
| Common shares held in treasury, at cost (shares: 219.0 and 218.5) | (4,464) | (4,424) |
| Total shareholders' equity available to Arch | 22,274 | 18,353 |
| Total liabilities, noncontrolling interests and shareholders' equity | $73,656 | $58,906 |
| ARCH CAPITAL | 5 | 2024 THIRD QUARTER FORM 10-Q |
|---|
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.