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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Investments:    
Debt securities available for sale, at fair value $ 21,014,451 $ 19,732,825
Equity securities, at fair value 859,969 1,804,170
Other investments (portion measured at fair value: $1,644,197 and $1,973,550) 1,644,197 1,973,550
Investments accounted for using the equity method 3,774,310 3,077,611
Total investments 27,292,927 26,588,156
Cash 855,118 858,668
Accrued investment income 158,680 85,453
Investment in operating affiliates 964,604 1,135,655
Premiums receivable (net of allowance for credit losses: $35,402 and $39,958) 3,624,777 2,633,280
Reinsurance recoverable on unpaid and paid losses and loss adjustment expenses (net of allowance for credit losses: $21,544 and $13,230) 6,563,654 5,880,735
Contractholder receivables (net of allowance for credit losses: $2,691 and $3,437) 1,731,293 1,828,691
Ceded unearned premiums 1,799,197 1,729,455
Deferred acquisition costs 1,263,870 901,841
Receivable for securities sold 12,493 60,179
Goodwill and intangible assets 804,289 944,983
Other assets 2,919,605 2,453,849
Total assets 47,990,507 45,100,945
Liabilities    
Reserve for losses and loss adjustment expenses 20,031,943 17,757,156
Unearned premiums 7,337,002 6,011,942
Reinsurance balances payable 1,529,919 1,583,253
Contractholder payables 1,733,984 1,832,127
Collateral held for insured obligations 249,238 242,352
Senior notes 2,725,410 2,724,394
Payable for securities purchased 95,041 64,850
Other liabilities 1,367,068 1,329,742
Total liabilities 35,069,605 31,545,816
Commitments and Contingencies
Redeemable noncontrolling interests 10,829 9,233
Shareholders’ Equity    
Non-cumulative preferred shares 830,000 830,000
Common shares ($0.0011 par, shares issued: 588,250,762 and 583,289,850) 654 648
Additional paid-in capital 2,211,444 2,085,075
Retained earnings 15,892,065 14,455,868
Accumulated other comprehensive income (loss), net of deferred income tax (1,646,170) (64,600)
Common shares held in treasury, at cost (shares: 217,904,765 and 204,365,956) (4,377,920) (3,761,095)
Total shareholders' equity available to Arch 12,910,073 13,545,896
Total liabilities, noncontrolling interests and shareholders' equity 47,990,507 45,100,945
Fixed maturities available for sale, at fair value (amortized cost: $21,281,863 and $17,973,823; net of allowance for credit losses: $41,355 and $2,883)    
Investments:    
Debt securities available for sale, at fair value 19,682,789 17,998,109
Short-term investments available for sale, at fair value (amortized cost: $1,332,996 and $1,734,738; net of allowance for credit losses: $0 and $0 )    
Investments:    
Debt securities available for sale, at fair value $ 1,331,662 $ 1,734,716