Guarantor Financial Information (Tables)

3 Months Ended

Mar. 31, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]



		March 31, 2014
Condensed Consolidating Balance Sheet		ACGL (Parent Guarantor)		Arch-U.S. (Subsidiary Issuer)		Other ACGL Subsidiaries		Consolidating Adjustments and Eliminations			ACGL Consolidated
Assets
Total investments		$	2,546	$	48,689	$	13,792,262	$	—		$	13,843,497
Cash		12,353		45,472		1,511,780		—			1,569,605
Investments in subsidiaries		6,288,035		1,598,732		—		(7,886,767		)	—
Due from subsidiaries and affiliates		503		—		401,987		(402,490		)	—
Premiums receivable		—		—		1,399,825		(391,450		)	1,008,375
Reinsurance recoverable on unpaid and paid losses and loss adjustment expenses		—		—		5,617,877		(3,827,852		)	1,790,025
Contractholder receivables		—		—		1,118,991		—			1,118,991
Prepaid reinsurance premiums		—		—		1,293,460		(944,383		)	349,077
Deferred acquisition costs, net		—		—		384,294		—			384,294
Other assets		6,309		62,500		2,211,353		(543,668		)	1,736,494
	Total assets	$	6,309,746	$	1,755,393	$	27,731,829	$	(13,996,610	)	$	21,800,358

Liabilities
Reserve for losses and loss adjustment expenses		$	—	$	—	$	12,749,908	$	(3,810,950	)	$	8,938,958
Unearned premiums		—		—		3,092,858		(944,383		)	2,148,475
Reinsurance balances payable		—		—		742,630		(540,836		)	201,794
Contractholder payables		—		—		1,118,991		—			1,118,991
Deposit accounting liabilities		—		—		735,993		(326,913		)	409,080
Senior notes		300,000		500,000		—		—			800,000
Revolving credit agreement borrowings		100,000		—		—		—			100,000
Due to subsidiaries and affiliates		2,091		1,167		399,232		(402,490		)	—
Other liabilities		15,522		46,040		1,200,906		(84,271		)	1,178,197
	Total liabilities	417,613		547,207		20,040,518		(6,109,843		)	14,895,495

Redeemable noncontrolling interests (1)		—		—		219,234		—			219,234

Shareholders’ Equity
Total shareholders’ equity available to Arch		5,892,133		1,208,186		6,678,581		(7,886,767		)	5,892,133
Non-redeemable noncontrolling interests (1)		—		—		793,496		—			793,496
	Total shareholders’ equity	5,892,133		1,208,186		7,472,077		(7,886,767		)	6,685,629

	Total liabilities, noncontrolling interests and shareholders’ equity	$	6,309,746	$	1,755,393	$	27,731,829	$	(13,996,610	)	$	21,800,358

(1) See Note 4.



		December 31, 2013
Condensed Consolidating Balance Sheet		ACGL (Parent Guarantor)		Arch-U.S. (Subsidiary Issuer)		Other ACGL Subsidiaries		Consolidating Adjustments and Eliminations			ACGL Consolidated
Assets
Total investments		$	2,530	$	408,957	$	13,200,247	$	—		$	13,611,734
Cash		3,223		509		430,325		—			434,057
Investments in subsidiaries		6,046,060		1,258,889		—		(7,304,949		)	—
Due from subsidiaries and affiliates		2,251		—		405,110		(407,361		)	—
Premiums receivable		—		—		1,085,369		(331,445		)	753,924
Reinsurance recoverable on unpaid and paid losses and loss adjustment expenses		—		—		5,645,156		(3,840,826		)	1,804,330
Contractholder receivables		—		—		1,064,246		—			1,064,246
Prepaid reinsurance premiums		—		—		1,109,312		(780,969		)	328,343
Deferred acquisition costs, net		—		—		342,314		—			342,314
Other assets		6,598		60,342		1,714,651		(554,445		)	1,227,146
	Total assets	$	6,060,662	$	1,728,697	$	24,996,730	$	(13,219,995	)	$	19,566,094

Liabilities
Reserve for losses and loss adjustment expenses		$	—	$	—	$	12,625,766	$	(3,801,070	)	$	8,824,696
Unearned premiums		—		—		2,677,334		(780,969		)	1,896,365
Reinsurance balances payable		—		—		662,394		(466,227		)	196,167
Contractholder payables		—		—		1,064,246		—			1,064,246
Deposit accounting liabilities		—		—		758,490		(337,193		)	421,297
Senior notes		300,000		500,000		—		—			800,000
Revolving credit agreement borrowings		100,000		—		—		—			100,000
Due to subsidiaries and affiliates		18		10,250		397,093		(407,361		)	—
Other liabilities		13,148		33,206		691,699		(122,226		)	615,827
	Total liabilities	413,166		543,456		18,877,022		(5,915,046		)	13,918,598

Redeemable noncontrolling interests		—		—		—		—			—

Shareholders’ Equity
Total shareholders’ equity available to Arch		5,647,496		1,185,241		6,119,708		(7,304,949		)	5,647,496
Non-redeemable noncontrolling interests		—		—		—		—			—
	Total shareholders’ equity	5,647,496		1,185,241		6,119,708		(7,304,949		)	5,647,496

	Total liabilities, noncontrolling interests and shareholders’ equity	$	6,060,662	$	1,728,697	$	24,996,730	$	(13,219,995	)	$	19,566,094

Condensed consolidating statement of income and comprehensive income



		Three Months Ended March 31, 2014
Condensed Consolidating Statement of Income and Comprehensive Income		ACGL (Parent Guarantor)			Arch-U.S. (Subsidiary Issuer)			Other ACGL Subsidiaries			Consolidating Adjustments and Eliminations			ACGL Consolidated
Revenues
Net premiums earned		$	—		$	—		$	859,780		$	—		$	859,780
Net investment income		—			—			77,001			(10,007		)	66,994
Net realized gains		—			—			19,697			—			19,697
Net impairment losses recognized in earnings		—			—			(2,971		)	—			(2,971		)
Other underwriting income		—			—			1,582			—			1,582
Equity in net income of investment funds accounted for using the equity method		—			—			3,253			—			3,253
Other income (loss)		—			—			(2,104		)	—			(2,104		)
	Total revenues	—			—			956,238			(10,007		)	946,231

Expenses
Losses and loss adjustment expenses		—			—			436,240			—			436,240
Acquisition expenses		—			—			160,342			—			160,342
Other operating expenses		10,307			977			134,515			—			145,799
Interest expense		5,853			6,514			12,044			(10,007		)	14,404
Net foreign exchange losses		—			—			5,741			822			6,563
	Total expenses	16,160			7,491			748,882			(9,185		)	763,348

Income (loss) before income taxes		(16,160		)	(7,491		)	207,356			(822		)	182,883
Income tax benefit (expense)		—			2,788			(6,526		)	—			(3,738		)
Income (loss) before equity in net income of subsidiaries		(16,160		)	(4,703		)	200,830			(822		)	179,145
Equity in net income of subsidiaries		198,660			22,152			—			(220,812		)	—
Net income		182,500			17,449			200,830			(221,634		)	179,145
Net (income) loss attributable to noncontrolling interests (1)		—			—			3,355			—			3,355
Net income available to Arch		182,500			17,449			204,185			(221,634		)	182,500
Preferred dividends		(5,484		)	—			—			—			(5,484		)
Net income available to Arch common shareholders		$	177,016		$	17,449		$	204,185		$	(221,634	)	$	177,016

Comprehensive income available to Arch		$	231,255		$	17,220		$	252,119		$	(269,339	)	$	231,255

(1) See Note 4.



		Three Months Ended March 31, 2013
Condensed Consolidating Statement of Income and Comprehensive Income		ACGL (Parent Guarantor)			Arch-U.S. (Subsidiary Issuer)			Other ACGL Subsidiaries			Consolidating Adjustments and Eliminations			ACGL Consolidated
Revenues
Net premiums earned		$	—		$	—		$	752,770		$	—		$	752,770
Net investment income		—			—			72,322			(6,650		)	65,672
Net realized gains		—			—			58,340			—			58,340
Net impairment losses recognized in earnings		—			—			(2,246		)	—			(2,246		)
Other underwriting income		—			—			538			—			538
Equity in net income of investment funds accounted for using the equity method		—			—			13,823			—			13,823
Other income		—			—			1,244			—			1,244
	Total revenues	—			—			896,791			(6,650		)	890,141

Expenses
Losses and loss adjustment expenses		—			—			399,403			—			399,403
Acquisition expenses		—			—			127,592			—			127,592
Other operating expenses		9,942			777			109,464			—			120,183
Interest expense		5,820			3			6,725			(6,650		)	5,898
Net foreign exchange (gains) losses		—			—			(12,772		)	(11,492		)	(24,264		)
	Total expenses	15,762			780			630,412			(18,142		)	628,812

Income (loss) before income taxes		(15,762		)	(780		)	266,379			11,492			261,329
Income tax benefit (expense)		—			235			(5,088		)	—			(4,853		)
Income (loss) before equity in net income of subsidiaries		(15,762		)	(545		)	261,291			11,492			256,476
Equity in net income (loss) of subsidiaries		272,238			18,482			—			(290,720		)	—
Net income		256,476			17,937			261,291			(279,228		)	256,476
Net (income) loss attributable to noncontrolling interests		—			—			—			—			—
Net income available to Arch		256,476			17,937			261,291			(279,228		)	256,476
Preferred dividends		(5,484		)	—			—			—			(5,484		)
Net income available to Arch common shareholders		$	250,992		$	17,937		$	261,291		$	(279,228	)	$	250,992

Comprehensive income available to Arch		$	199,022		$	6,152		$	215,329		$	(221,481	)	$	199,022

Condensed consolidating statement of cash flows



		Three Months Ended March 31, 2014
Condensed Consolidating Statement of Cash Flows		ACGL (Parent Guarantor)			Arch-U.S. (Subsidiary Issuer)			Other ACGL Subsidiaries			Consolidating Adjustments and Eliminations			ACGL Consolidated
Operating Activities
	Net Cash Provided By Operating Activities	$	11,685		$	7,151		$	194,833		$	(15,500	)	$	198,169
Investing Activities
Purchases of fixed maturity investments		—			—			(7,131,071		)	—			(7,131,071		)
Purchases of equity securities		—			—			(89,227		)	—			(89,227		)
Purchases of other investments		—			—			(304,454		)	—			(304,454		)
Proceeds from the sales of fixed maturity investments		—			—			7,014,281			—			7,014,281
Proceeds from the sales of equity securities		—			—			49,614			—			49,614
Proceeds from the sales of other investments		—			—			331,176			—			331,176
Proceeds from redemptions and maturities of fixed maturity investments		—			—			168,484			—			168,484
Net (purchases) sales of short-term investments		(16		)	360,269			(203,991		)	—			156,262
Change in investment of securities lending collateral		—			—			4,669			—			4,669
Contributions to subsidiaries		—			(312,207		)	(100,000		)	412,207			—
Intercompany loans issued		—			—			10,250			(10,250		)	—
Purchase of business, net of cash acquired		—			—			(235,578		)	—			(235,578		)
Purchases of furniture, equipment and other assets		(76		)	—			(5,306		)	—			(5,382		)
	Net Cash Provided By (Used For) Investing Activities	(92		)	48,062			(491,153		)	401,957			(41,226		)
Financing Activities
Proceeds from common shares issued, net		3,021			—			412,207			(412,207		)	3,021
Repayments of intercompany borrowings		—			(10,250		)	—			10,250			—
Change in securities lending collateral		—			—			(4,669		)	—			(4,669		)
Third party investment in non-redeemable noncontrolling interests (1)		—			—			796,903			—			796,903
Third party investment in redeemable noncontrolling interests (1		—			—			186,893			—			186,893
Dividends paid to parent		—			—			(15,500		)	15,500			—
Other		—			—			1,700			—			1,700
Preferred dividends paid		(5,484		)	—			—			—			(5,484		)
	Net Cash Provided By (Used For) Financing Activities	(2,463		)	(10,250		)	1,377,534			(386,457		)	978,364
Effects of exchange rates changes on foreign currency cash		—			—			241			—			241
Increase in cash		9,130			44,963			1,081,455			—			1,135,548
Cash beginning of year		3,223			509			430,325			—			434,057
Cash end of period		$	12,353		$	45,472		$	1,511,780		$	—		$	1,569,605

(1) See Note 4.



		Three Months Ended March 31, 2013
Condensed Consolidating Statement of Cash Flows		ACGL (Parent Guarantor)			Arch-U.S. (Subsidiary Issuer)			Other ACGL Subsidiaries			Consolidating Adjustments and Eliminations			ACGL Consolidated
Operating Activities
	Net Cash Provided By (Used For) Operating Activities	$	34,432		$	(254	)	$	216,481		$	(45,000	)	$	205,659
Investing Activities
Purchases of fixed maturity investments		—			—			(3,970,320		)	—			(3,970,320		)
Purchases of equity securities		—			—			(63,353		)	—			(63,353		)
Purchases of other investments		—			—			(250,442		)	—			(250,442		)
Proceeds from the sales of fixed maturity investments		—			—			3,796,638			—			3,796,638
Proceeds from the sales of equity securities		—			—			81,513			—			81,513
Proceeds from the sales of other investments		—			—			280,010			—			280,010
Proceeds from redemptions and maturities of fixed maturity investments		—			—			181,727			—			181,727
Net (purchases) sales of short-term investments		7,964			(2		)	(229,406		)	—			(221,444		)
Change in investment of securities lending collateral		—			—			(41,019		)	—			(41,019		)
Contributions to subsidiaries		—			(10,250		)	(250		)	10,500			—
Intercompany loans issued		—			—			(10,250		)	10,250			—
Purchases of furniture, equipment and other assets		(31		)	—			(3,711		)	—			(3,742		)
	Net Cash Provided By (Used For) Investing Activities	7,933			(10,252		)	(228,863		)	20,750			(210,432		)
Financing Activities
Purchases of common shares under share repurchase program		(40,964		)	—			—			—			(40,964		)
Proceeds from common shares issued, net		1,280			—			10,500			(10,500		)	1,280
Proceeds from intercompany borrowings		—			10,250			—			(10,250		)	—
Change in securities lending collateral		—			—			41,019			—			41,019
Dividends paid to parent		—			—			(45,000		)	45,000			—
Other		—			—			1,084			—			1,084
Preferred dividends paid		(5,484		)	—			—			—			(5,484		)
	Net Cash Provided By (Used For) Financing Activities	(45,168		)	10,250			7,603			24,250			(3,065		)
Effects of exchange rates changes on foreign currency cash		—			—			(6,436		)	—			(6,436		)
Increase (decrease) in cash		(2,803		)	(256		)	(11,215		)	—			(14,274		)
Cash beginning of year		6,417			612			364,012			—			371,041
Cash end of period		$	3,614		$	356		$	352,797		$	—		$	356,767