Discontinued — last reported Q4 '23
Arch Capital Group Programs — Net premiums earned remained flat by 0.0% to $164.50M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 11.6%, from $147.47M to $164.50M. Over 2 years (FY 2021 to FY 2023), Programs — Net premiums earned shows an upward trend with a 13.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates growth in the volume of business underwritten through program partnerships, while a decrease may signal a reduction in program capacity or market share.
This metric represents the portion of gross premiums written by the Programs segment that has been recognized as revenue...
Comparable to 'Net Earned Premiums' in delegated underwriting or MGA-focused segments at other specialty insurers.
acgl_segment_programs_net_premiums_earned| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | $506.87M | $589.86M | $658.00M |
| YoY Change | — | +16.4% | +11.6% |