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Debt and Financing Arrangements - Schedule of senior notes outstanding (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Debt Instrument [Line Items]    
Carrying amount $ 2,728 $ 2,726
Senior Notes    
Debt Instrument [Line Items]    
Principal amount 2,750  
Carrying amount $ 2,728 2,726
Senior Notes | 7.350% senior notes due 2034    
Debt Instrument [Line Items]    
Stated interest rate (percentage) [1] 7.35%  
Principal amount [1] $ 300  
Carrying amount $ 298 298
Senior Notes | 5.144% senior notes due 2043    
Debt Instrument [Line Items]    
Stated interest rate (percentage) [2] 5.144%  
Principal amount [2] $ 500  
Carrying amount $ 496 495
Senior Notes | 4.011% senior notes due 2026    
Debt Instrument [Line Items]    
Stated interest rate (percentage) [3] 4.011%  
Principal amount [3] $ 500  
Carrying amount $ 499 498
Senior Notes | 5.031% senior notes due 2046    
Debt Instrument [Line Items]    
Stated interest rate (percentage) [4] 5.031%  
Principal amount [4] $ 450  
Carrying amount $ 446 446
Senior Notes | 3.635% senior notes due 2050    
Debt Instrument [Line Items]    
Stated interest rate (percentage) [5] 3.635%  
Principal amount [5] $ 1,000  
Carrying amount $ 989 $ 989
[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”).