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Article: Arch Capital Group Ltd. Reports 2009 Third Quarter Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- October 26, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HAMILTON, Bermuda -- Arch Capital Group Ltd. (NASDAQ: ACGL) reports that net income available to common shareholders for the 2009 third quarter was $274.4 million, or $4.39 per share, compared to $26.4 million, or $0.42 per share, for the 2008 third quarter, and $566.4 million, or $9.05 per share, for the nine months ended September 30, 2009, compared to $408.1 million, or $6.23 per share, for the 2008 period. The Company also reported after-tax operating income available to common shareholders of $160.3 million, or $2.56 per share, for the 2009 third quarter, compared to $64.1 million, or $1.02 per share, for the 2008 third quarter, and $492.4 million, or $7.87 per share, ...