XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Investments:    
Fixed maturities, available for sale, at fair value $ 19,812,903 $ 19,732,825
Equity securities, at fair value 772,689 1,804,170
Other investments, at fair value 1,634,368 1,973,550
Investments accounted for using the equity method 3,496,341 3,077,611
Total investments 25,716,301 26,588,156
Cash 813,548 858,668
Accrued investment income 116,102 85,453
Investment in operating affiliates 967,603 1,135,655
Premiums receivable (net of allowance for credit losses: $38,170 and $39,958) 3,634,182 2,633,280
Reinsurance recoverable on unpaid and paid losses and loss adjustment expenses (net of allowance for credit losses: $14,740 and $13,230) 5,938,511 5,880,735
Contractholder receivables (net of allowance for credit losses: $3,005 and $3,437) 1,758,018 1,828,691
Ceded unearned premiums 2,123,915 1,729,455
Deferred acquisition costs 1,069,845 901,841
Receivable for securities sold 157,329 60,179
Goodwill and intangible assets 868,014 944,983
Other assets 2,555,826 2,453,849
Total assets 45,719,194 45,100,945
Liabilities    
Reserve for losses and loss adjustment expenses 18,194,324 17,757,156
Unearned premiums 7,145,297 6,011,942
Reinsurance balances payable 1,634,700 1,583,253
Contractholder payables 1,761,023 1,832,127
Collateral held for insured obligations 251,063 242,352
Senior notes 2,724,896 2,724,394
Payable for securities purchased 292,106 64,850
Other liabilities 1,289,760 1,329,742
Total liabilities 33,293,169 31,545,816
Commitments and Contingencies
Redeemable noncontrolling interests 8,459 9,233
Shareholders' Equity    
Non-cumulative preferred shares 830,000 830,000
Common shares ($0.0011 par, shares issued: 586,887,791 and 583,289,850) 652 648
Additional paid-in capital 2,170,661 2,085,075
Retained earnings 15,035,644 14,455,868
Accumulated other comprehensive income (loss), net of deferred income tax (1,258,265) (64,600)
Common shares held in treasury, at cost (shares: 217,540,976 and 204,365,956) (4,361,126) (3,761,095)
Total shareholders' equity available to Arch 12,417,566 13,545,896
Total liabilities, noncontrolling interests and shareholders' equity 45,719,194 45,100,945
Fixed maturities available for sale, at fair value (amortized cost: $18,816,372 and $17,973,823; net of allowance for credit losses: $58,410 and $2,883 )    
Investments:    
Fixed maturities, available for sale, at fair value 17,585,029 17,998,109
Short-term investments available for sale, at fair value (amortized cost: $2,226,673 and $1,734,738; net of allowance for credit losses: $0 and $0)    
Investments:    
Fixed maturities, available for sale, at fair value $ 2,227,874 $ 1,734,716