Arch Capital reports Q2 EPS $3.30, consensus $2.21

Reports Q2 net premiums written $3.78B vs. $3.43B last year. Reports Q2 combined ratio 78.7% vs. 79.8% last year. Marc Grandisson, Chief Executive Officer of ACGL commented: “Our excellent results this quarter highlight the value of our ongoing commitment to bottom-line returns combined with disciplined execution throughout the underwriting cycle. We are pleased with the contributions made by our underwriting and investment teams, which are key to us being able to consistently generate returns above our target.”