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Schedule II - Condensed Financial Information of Registrant

12 Months Ended

Dec. 31, 2024

Condensed Financial Information Disclosure [Abstract]

Condensed Financial Information of Registrant

SCHEDULE II

ARCH CAPITAL GROUP LTD. AND SUBSIDIARIES

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

(U.S. dollars in millions)

Balance Sheet

(Parent Company Only)

			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

The financial information for the parent company (Arch Capital Group Ltd.) should be read in conjunction with the Consolidated Financial Statements and Notes thereto.

Statement of Income

(Parent Company Only)

			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

The financial information for the parent company (Arch Capital Group Ltd.) should be read in conjunction with the Consolidated Financial Statements and Notes thereto.

Statement of Cash Flows

(Parent Company Only)

			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

The financial information for the parent company (Arch Capital Group Ltd.) should be read in conjunction with the Consolidated Financial Statements and Notes thereto.

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- References

No definition available.

+ Details

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- Definition

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef
-Topic 810
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481231/810-10-45-11

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