04:46 PM EDT, 10/30/2024 (MT Newswires) -- Arch Capital Group ( ACGL ) reported Q3 after-tax operating income late Wednesday of $1.99, down from $2.31 a year earlier.

Analysts surveyed by Capital IQ expected $1.95 normalized.

Net premiums written for the quarter ended Sept. 30 was $4.05 billion, up from $3.36 billion a year earlier.

Three analysts polled by Capital IQ expected revenue of $3.78 billion.

Shares were down 2% in after-hours activity.