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Segment Information - Analysis of underwriting income by segment and reconciliation to net income available to common shareholders (Details)
$ in Millions
12 Months Ended
Dec. 31, 2023
USD ($)
segment
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Segment Reporting Information [Line Items]      
Gross premiums written $ 18,403 $ 15,327 $ 12,752
Premiums ceded (4,935) (4,249) (3,735)
Net premiums written 13,468 11,078 9,017
Change in unearned premiums (1,028) (1,399) (935)
Net premiums earned 12,440 9,679 8,082
Other underwriting income 31 13 21
Losses and loss adjustment expenses (6,246) (5,028) (4,585)
Acquisition expenses, net (2,312) (1,740) (1,303)
Other operating expenses (1,301) (1,128) (999)
Underwriting income (loss) 2,612 1,796 1,216
Net investment income 1,023 496 389
Net realized gains (losses) (165) (663) 380
Equity in net income (loss) of investment funds accounted for using the equity method 278 115 366
Other income (loss) 27 (27) 10
Corporate expenses (96) (95) (76)
Transaction costs and other (6) 0 (2)
Amortization of intangible assets (95) (106) (82)
Interest expense (133) (131) (139)
Net foreign exchange gains (losses) (60) 102 41
Income before income taxes and income (loss) from operating affiliates 3,385 1,487 2,103
Income tax (expense) benefit 873 (80) (128)
Income (loss) from operating affiliates 184 75 264
Net income (loss) 4,442 1,482 2,239
Amounts attributable to redeemable noncontrolling interests 1 (6) (4)
Amounts attributable to nonredeemable noncontrolling interests 0 0 (78)
Net income available to Arch 4,443 1,476 2,157
Preferred share dividends (40) (40) (48)
Loss on redemption of preferred shares 0 0 (15)
Net income (loss) available to Arch common shareholders $ 4,403 $ 1,436 $ 2,094
Underwriting Ratios      
Loss ratio 50.20% 51.90% 56.70%
Acquisition expense ratio 18.60% 18.00% 16.10%
Other operating expense ratio 10.50% 11.70% 12.40%
Combined ratio 79.30% 81.60% 85.20%
Goodwill and intangible assets $ 731 $ 804 $ 945
Total investable assets 34,589 28,065 27,442
Total assets 58,906 47,990 45,101
Total liabilities $ 40,551 35,069 31,546
Operating segments | Underwriting Segments      
Segment Reporting Information [Line Items]      
Number of segments | segment 3    
Gross premiums written [1] $ 18,403 15,327 12,463
Premiums ceded [1] (4,935) (4,249) (3,799)
Net premiums written 13,468 11,078 8,664
Change in unearned premiums (1,028) (1,399) (915)
Net premiums earned 12,440 9,679 7,749
Other underwriting income 31 13 21
Losses and loss adjustment expenses (6,246) (5,028) (4,327)
Acquisition expenses, net (2,312) (1,740) (1,240)
Other operating expenses (1,301) (1,128) (966)
Underwriting income (loss) 2,612 1,796 1,237
Net investment income 1,023 496 347
Net realized gains (losses) (165) (663) 299
Equity in net income (loss) of investment funds accounted for using the equity method 278 115 366
Other income (loss) 27 (27) 10
Corporate expenses (96) (95) (76)
Transaction costs and other (6) 0 (1)
Amortization of intangible assets (95) (106) (81)
Interest expense (133) (131) (131)
Net foreign exchange gains (losses) (60) 102 42
Income before income taxes and income (loss) from operating affiliates 3,385 1,487 2,012
Income tax (expense) benefit 873 (80) (128)
Income (loss) from operating affiliates 184 75 264
Net income (loss) 4,442 1,482 2,148
Amounts attributable to redeemable noncontrolling interests 1 (6) (2)
Amounts attributable to nonredeemable noncontrolling interests     0
Net income available to Arch 4,443 1,476 2,148
Preferred share dividends (40) (40) (48)
Loss on redemption of preferred shares     (15)
Net income (loss) available to Arch common shareholders $ 4,403 $ 1,436 $ 2,085
Underwriting Ratios      
Loss ratio 50.20% 51.90% 55.80%
Acquisition expense ratio 18.60% 18.00% 16.00%
Other operating expense ratio 10.50% 11.70% 12.50%
Combined ratio 79.30% 81.60% 84.30%
Goodwill and intangible assets $ 731 $ 804 $ 945
Total investable assets 34,589 28,065 27,442
Total assets 58,906 47,990 45,101
Total liabilities 40,551 35,069 31,546
Operating segments | Insurance      
Segment Reporting Information [Line Items]      
Gross premiums written [1] 7,911 6,931 5,868
Premiums ceded [1],[2] (2,049) (1,910) (1,719)
Net premiums written 5,862 5,021 4,149
Change in unearned premiums (416) (461) (524)
Net premiums earned 5,446 4,560 3,625
Other underwriting income 0 0 0
Losses and loss adjustment expenses (3,122) (2,784) (2,345)
Acquisition expenses, net (1,055) (887) (606)
Other operating expenses (819) (665) (559)
Underwriting income (loss) $ 450 $ 224 $ 115
Underwriting Ratios      
Loss ratio 57.30% 61.00% 64.60%
Acquisition expense ratio 19.40% 19.40% 16.70%
Other operating expense ratio 15.00% 14.60% 15.40%
Combined ratio 91.70% 95.00% 96.70%
Goodwill and intangible assets $ 224 $ 229 $ 256
Operating segments | Reinsurance      
Segment Reporting Information [Line Items]      
Gross premiums written [1] 9,113 6,948 5,094
Premiums ceded [1],[2] (2,559) (2,024) (1,840)
Net premiums written 6,554 4,924 3,254
Change in unearned premiums (718) (965) (413)
Net premiums earned 5,836 3,959 2,841
Other underwriting income 17 5 3
Losses and loss adjustment expenses (3,227) (2,568) (1,925)
Acquisition expenses, net (1,240) (813) (537)
Other operating expenses (288) (268) (214)
Underwriting income (loss) $ 1,098 $ 315 $ 168
Underwriting Ratios      
Loss ratio 55.30% 64.90% 67.80%
Acquisition expense ratio 21.20% 20.50% 18.90%
Other operating expense ratio 4.90% 6.80% 7.50%
Combined ratio 81.40% 92.20% 94.20%
Goodwill and intangible assets $ 130 $ 145 $ 184
Operating segments | Mortgage      
Segment Reporting Information [Line Items]      
Gross premiums written [1] 1,387 1,455 1,508
Premiums ceded [1],[2] (335) (322) (247)
Net premiums written 1,052 1,133 1,261
Change in unearned premiums 106 27 22
Net premiums earned 1,158 1,160 1,283
Other underwriting income 14 8 18
Losses and loss adjustment expenses 103 324 (57)
Acquisition expenses, net (17) (40) (97)
Other operating expenses (194) (195) (193)
Underwriting income (loss) $ 1,064 $ 1,257 $ 954
Underwriting Ratios      
Loss ratio (8.90%) (28.00%) 4.40%
Acquisition expense ratio 1.40% 3.50% 7.60%
Other operating expense ratio 16.80% 16.80% 15.10%
Combined ratio 9.30% (7.70%) 27.10%
Goodwill and intangible assets $ 377 $ 430 $ 505
Operating segments | Other      
Segment Reporting Information [Line Items]      
Number of segments | segment 2    
Gross premiums written [1] $ 0 0 458
Premiums ceded [1] 0 0 (105) [2]
Net premiums written 0 0 353
Change in unearned premiums 0 0 (20)
Net premiums earned 0 0 333
Other underwriting income 0 0 0
Losses and loss adjustment expenses 0 0 (258)
Acquisition expenses, net 0 0 (63)
Other operating expenses 0 0 (33)
Underwriting income (loss) 0 0 (21)
Net investment income 0 0 42
Net realized gains (losses) 0 0 81
Equity in net income (loss) of investment funds accounted for using the equity method 0 0 0
Other income (loss) 0 0 0
Corporate expenses 0 0 0
Transaction costs and other 0 0 (1)
Amortization of intangible assets 0 0 (1)
Interest expense 0 0 (8)
Net foreign exchange gains (losses) 0 0 (1)
Income before income taxes and income (loss) from operating affiliates 0 0 91
Income tax (expense) benefit 0 0 0
Income (loss) from operating affiliates 0 0 0
Net income (loss) 0 0 91
Amounts attributable to redeemable noncontrolling interests 0 0 (2)
Amounts attributable to nonredeemable noncontrolling interests     (78)
Net income available to Arch 0 0 9
Preferred share dividends 0 0 0
Loss on redemption of preferred shares     0
Net income (loss) available to Arch common shareholders $ 0 $ 0 $ 9
Underwriting Ratios      
Loss ratio 0.00% 0.00% 78.00%
Acquisition expense ratio 0.00% 0.00% 18.90%
Other operating expense ratio 0.00% 0.00% 9.90%
Combined ratio 0.00% 0.00% 106.80%
Goodwill and intangible assets $ 0 $ 0 $ 0
Total investable assets 0 0 0
Total assets 0 0 0
Total liabilities $ 0 $ 0 $ 0
[1] Certain assumed and ceded amounts related to intersegment transactions are included in individual segment results. Accordingly, the sum of such transactions for each segment does not agree to the total due to eliminations.
[2] Certain amounts included in the gross premiums written of each segment are related to intersegment transactions and are included in the gross premiums written of each segment. 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.