| Assets | — | — |
| Investments | — | — |
| Fixed maturities available for sale, at fair value | 27,035a | 23,553a |
| Short-term investments available for sale, at fair value | 2,784a | 2,063a |
| Equity securities, at fair value | 1,675a | 1,186a |
| Other investments | 3,066a | 2,488a |
| Investments accounted for using the equity method | 5,980a | 4,566a |
| Total investments | 40,540a | 33,856a |
| Cash | 979a | 917a |
| Accrued investment income | 298a | 236a |
| Investment in operating affiliates | 1,240a | 1,119a |
| Premiums receivable | 5,634a | 4,644a |
| Reinsurance recoverable on unpaid and paid losses and loss adjustment expenses | 8,260a | 7,064a |
| Contractholder receivables | 2,161a | 1,814a |
| Ceded unearned premiums | 2,428a | 2,170a |
| Deferred acquisition costs | 1,734a | 1,531a |
| Receivable for securities sold | 50a | 63a |
| Goodwill and intangible assets | 1,351a | 731a |
| Other assets | 6,231a | 4,761a |
| Total assets | 70,906a | 58,906a |
| Liabilities | — | — |
| Reserve for losses and loss adjustment expenses | 29,369a | 22,752a |
| Unearned premiums | 10,218a | 8,808a |
| Reinsurance balances payable | 2,137a | 2,000a |
| Contractholder payables | 2,165a | 1,817a |
| Collateral held for insured obligations | 249a | 259a |
| Senior notes | 2,728a | 2,726a |
| Payable for securities purchased | 181a | 247a |
| Other liabilities | 3,039a | 1,942a |
| Total liabilities | 50,086a | 40,551a |
| Redeemable noncontrolling interests | 0a | 2a |
| Shareholders’ equity | — | — |
| Non-cumulative preferred shares | 830a | 830a |
| Common shares | 1a | 1a |
| Additional paid-in capital | 2,510a | 2,327a |
| Retained earnings | 22,686a | 20,295a |
| Accumulated other comprehensive income (loss), net of deferred income tax | -720a | -676a |
| Common shares held in treasury, at cost | -4,487a | -4,424a |
| Total shareholders' equity available to Arch | 20,820a | 18,353a |
| Total liabilities, noncontrolling interests and shareholders' equity | 70,906a | 58,906a |