Arch Capital Group Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 3,168 million compared to USD 1,942 million a year ago. Net income was USD 715 million compared to USD 196 million a year ago.

Basic earnings per share from continuing operations was USD 1.92 compared to USD 0.5 a year ago. Diluted earnings per share from continuing operations was USD 1.87 compared to USD 0.48 a year ago.