ARCH CAPITAL GROUP LTD
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
ACGL$109.14+0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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II. Condensed Financial Information of Registrant
Balance Sheet
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Total investments | $43 | $17 |
| Cash | 13 | 9 |
| Investments in subsidiaries | 22,035 | 19,590 |
| Investment in operating affiliates | 3 | 4 |
| Due from subsidiaries and affiliates | 6 | — |
| Other assets | 66 | 58 |
| Total assets | $22,166 | $19,678 |
| Liabilities | ||
| Senior notes | $1,287 | $1,287 |
| Due to subsidiaries and affiliates | 11 | — |
| Other liabilities | 48 | 38 |
| Total liabilities | 1,346 | 1,325 |
| Shareholders' Equity | ||
| Non-cumulative preferred shares | 830 | 830 |
| Common shares ($0.0011 par, shares issued: 595.6 and 591.9) | 1 | 1 |
| Additional paid-in capital | 2,510 | 2,327 |
| Retained earnings | 22,686 | 20,295 |
| Accumulated other comprehensive income (loss), net of deferred income tax | (720) | (676) |
| Common shares held in treasury, at cost (shares: 219.2 and 218.5) | (4,487) | (4,424) |
| Total shareholders' equity | $20,820 | $18,353 |
| Total liabilities and shareholders' equity | $22,166 | $19,678 |
(continued)
Statement of Income
| Year Ended | |||
|---|---|---|---|
| December 31, | |||
| 2024 | 2023 | 2022 | |
| Revenues | |||
| Net investment income | $5 | $2 | $2 |
| Net realized gains (losses) | (4) | — | — |
| Total revenues | 1 | 2 | 2 |
| Expenses | |||
| Corporate expenses | 116 | 93 | 86 |
| Interest expense | 59 | 59 | 59 |
| Total expenses | 175 | 152 | 145 |
| Income (loss) before income taxes and income (loss) from operating affiliates | (174) | (150) | (143) |
| Income tax (expense) benefit | — | 41 | — |
| Income (loss) from operating affiliates | (1) | (1) | (1) |
| Income (loss) before equity in net income of subsidiaries | (175) | (110) | (144) |
| Equity in net income of subsidiaries | 4,487 | 4,553 | 1,593 |
| Net income available to Arch | 4,312 | 4,443 | 1,449 |
| Preferred dividends | (40) | (40) | (40) |
| Net income available to Arch common shareholders | $4,272 | $4,403 | $1,409 |
(continued)
Statement of Cash Flows
| Year Ended | |||
|---|---|---|---|
| December 31, | |||
| 2024 | 2023 | 2022 | |
| Operating Activities: | |||
| Net Cash Provided By Operating Activities | $2,398 | $46 | $621 |
| Investing Activities: | |||
| Net (purchases) sales of short-term investments | (26) | (8) | (5) |
| Acquisitions, net of cash | (450) | — | — |
| Other | 5 | 1 | (1) |
| Net Cash Used For Investing Activities | (471) | (7) | (6) |
| Financing Activities: | |||
| Purchases of common shares under share repurchase program | (24) | — | (586) |
| Proceeds from common shares issued, net | 7 | (2) | 6 |
| Common dividends paid | (1,866) | — | — |
| Preferred dividends paid | (40) | (40) | (40) |
| Net Cash Used For Financing Activities | (1,923) | (42) | (620) |
| Increase (decrease) in cash and restricted cash | 4 | (3) | (5) |
| Cash and restricted cash, beginning of year | 9 | 12 | 17 |
| Cash and restricted cash, end of period | $13 | $9 | $12 |
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