How did Arch Capital Group (ACGL) perform in Q4 2023?

Arch Capital Group Ltd. ACGL reported fourth-quarter 2023 operating income of $2.49 per share, which beat the Zacks Consensus Estimate by 28.4%. The bottom line increased 16.4% year over year. The results benefited from improved premiums and higher net investment income. Gross premiums written improved 12% year over year to $4.3 billion.

What makes ACGL a great insurance company?

The combination of our underwriting platform, our experienced management team and our strong capital base have enabled us to establish a prominent presence in the global insurance and reinsurance markets. Our common stock (Nasdaq: ACGL) is included in the S&P 500 index.

Is ACGL included in the S&P 500 Index?

Our common stock (Nasdaq: ACGL) is included in the S&P 500 index. Maintain a disciplined underwriting approach to enable us to select risks and price them appropriately in all phases of the insurance cycle.