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Segment Information - Summary of underwriting income or loss by segment (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
segment
Sep. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Segment Reporting Information [Line Items]          
Number of segments | segment     3    
Gross premiums written $ 4,527 $ 3,861 $ 14,152 $ 11,532  
Premiums ceded (1,172) (1,137) (3,945) (3,489)  
Net premiums written 3,355 2,724 10,207 8,043  
Change in unearned premiums (107) (253) (1,111) (1,125)  
Net premiums earned 3,248 2,471 9,096 6,918  
Other underwriting income 5 3 21 12  
Losses and loss adjustment expenses (1,647) (1,683) (4,609) (3,787)  
Acquisition expenses (575) (448) (1,669) (1,239)  
Other operating expenses (310) (275) (942) (842)  
Underwriting income (loss) 721 68 1,897 1,062  
Net investment income 269 129 710 315  
Net realized gains (losses) (248) (184) (354) (743)  
Equity in net income (loss) of investment funds accounted for using the equity method 59 (19) 176 75  
Other income (loss) (4) (14) 10 (35)  
Corporate expenses [1] (20) (18) (69) (78)  
Transaction costs and other [1] 0 0 (2) 0  
Amortization of intangible assets (24) (26) (71) (80)  
Interest expense (34) (33) (99) (99)  
Net foreign exchange gains (losses) 22 91 (1) 183  
Income (loss) before income taxes and income (loss) from operating affiliates 741 (6) 2,197 600  
Income tax expense (benefit) (72) 15 (203) (19)  
Income (loss) from operating affiliates 54 9 115 39  
Net income (loss) 723 18 2,109 620  
Net (income) loss attributable to noncontrolling interests 0 (1) 0 (3)  
Net income (loss) available to Arch 723 17 2,109 617  
Preferred dividends (10) (10) (30) (30)  
Net income (loss) available to Arch common shareholders $ 713 $ 7 $ 2,079 $ 587  
Underwriting Ratios          
Loss ratio 50.70% 68.10% 50.70% 54.70%  
Acquisition expense ratio 17.70% 18.10% 18.30% 17.90%  
Other operating expense ratio 9.50% 11.10% 10.40% 12.20%  
Combined ratio 77.90% 97.30% 79.40% 84.80%  
Goodwill and intangible assets $ 739 $ 807 $ 739 $ 807 $ 804
Operating segments | Insurance          
Segment Reporting Information [Line Items]          
Gross premiums written [2] 2,043 1,862 5,977 5,287  
Premiums ceded (521) (493) (1,564) (1,483)  
Net premiums written 1,522 1,369 4,413 3,804  
Change in unearned premiums (110) (182) (416) (488)  
Net premiums earned 1,412 1,187 3,997 3,316  
Other underwriting income 0 0 0 0  
Losses and loss adjustment expenses (812) (823) (2,276) (2,054)  
Acquisition expenses (269) (233) (778) (643)  
Other operating expenses (202) (165) (592) (493)  
Underwriting income (loss) $ 129 $ (34) $ 351 $ 126  
Underwriting Ratios          
Loss ratio 57.50% 69.30% 57.00% 61.90%  
Acquisition expense ratio 19.10% 19.60% 19.50% 19.40%  
Other operating expense ratio 14.30% 13.90% 14.80% 14.90%  
Combined ratio 90.90% 102.80% 91.30% 96.20%  
Goodwill and intangible assets $ 220 $ 225 $ 220 $ 225  
Operating segments | Reinsurance          
Segment Reporting Information [Line Items]          
Gross premiums written [2] 2,138 1,639 7,142 5,151  
Premiums ceded (576) (560) (2,145) (1,770)  
Net premiums written 1,562 1,079 4,997 3,381  
Change in unearned premiums (19) (77) (781) (647)  
Net premiums earned 1,543 1,002 4,216 2,734  
Other underwriting income 2 0 9 6  
Losses and loss adjustment expenses (870) (928) (2,379) (1,920)  
Acquisition expenses (304) (208) (875) (569)  
Other operating expenses (61) (63) (203) (199)  
Underwriting income (loss) $ 310 $ (197) $ 768 $ 52  
Underwriting Ratios          
Loss ratio 56.40% 92.60% 56.40% 70.20%  
Acquisition expense ratio 19.70% 20.80% 20.70% 20.80%  
Other operating expense ratio 3.90% 6.30% 4.80% 7.30%  
Combined ratio 80.00% 119.70% 81.90% 98.30%  
Goodwill and intangible assets $ 132 $ 141 $ 132 $ 141  
Operating segments | Mortgage          
Segment Reporting Information [Line Items]          
Gross premiums written [2] 347 362 1,037 1,099  
Premiums ceded (76) (86) (240) (241)  
Net premiums written 271 276 797 858  
Change in unearned premiums 22 6 86 10  
Net premiums earned 293 282 883 868  
Other underwriting income 3 3 12 6  
Losses and loss adjustment expenses 35 68 46 187  
Acquisition expenses (2) (7) (16) (27)  
Other operating expenses (47) (47) (147) (150)  
Underwriting income (loss) $ 282 $ 299 $ 778 $ 884  
Underwriting Ratios          
Loss ratio (12.10%) (24.10%) (5.30%) (21.60%)  
Acquisition expense ratio 0.60% 2.40% 1.80% 3.20%  
Other operating expense ratio 16.20% 16.50% 16.70% 17.30%  
Combined ratio 4.70% (5.20%) 13.20% (1.10%)  
Goodwill and intangible assets $ 387 $ 441 $ 387 $ 441  
[1] Certain expenses have been excluded from ‘corporate expenses’ and reflected in ‘transaction costs and other.’
[2] Certain amounts included in the gross premiums written of each segment are related to intersegment transactions. Accordingly, the sum of gross premiums written for each segment does not agree to the total gross premiums written as shown in the table above due to the elimination of intersegment transactions in the total.