Arch Capital reports Q3 EPS $2.77, consensus $2.25

Reports Q3 gross premiums written $5.41B vs. $5.44B last year. “We are extremely pleased with our financial performance this quarter, which resulted in us delivering record-level results of operating income,” Arch CEO Nicolas Papadopoulo said. “While we benefitted from a relatively quiet quarter for natural catastrophes, we remain upbeat about our ability to perform well in the current market, which should lead to strong financial results on behalf of our shareholders.”