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Debt and Financing Arrangements - (Tables)
12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of senior notes
The Company’s senior notes payable at December 31, 2023 and 2022 were as follows:
Carrying Amount at
InterestPrincipal
December 31,
(Fixed)Amount20232022
2034 notes (1)7.350 %$300 $298 $298 
2043 notes (2)5.144 %500 495 495 
2026 notes (3)4.011 %500 498 498 
2046 notes (4)5.031 %450 446 445 
2050 notes (5)3.635 %1,000 989 989 
$2,750 $2,726 $2,725 
(1) Senior notes of Arch Capital issued on May 4, 2004 and due May 1, 2034 (“2034 notes”).
(2) Senior notes of Arch-U.S., a wholly-owned subsidiary of Arch Capital, issued on December 13, 2013 and due November 1, 2043 (“2043 notes”), fully and unconditionally guaranteed by Arch Capital.
(3) Senior notes of Arch Capital Finance LLC (“Arch Finance”), a wholly-owned finance subsidiary of Arch Capital, issued on December 8, 2016 and due December 15, 2026 (“2026 notes”), fully and unconditionally guaranteed by Arch Capital.
(4) Senior notes of Arch Finance issued on December 8, 2016 and due December 15, 2046 (“2046 notes”), fully and unconditionally guaranteed by Arch Capital
(5) Senior notes of Arch Capital issued on June 30, 2020 and due June 30, 2050 (“2050 notes”).