Arch Capital profits fall by 49 percent in 2011

Arch Capital posted profits of $436 million for 2011 that were down 49 percent on the previous year’s results of $842 million.

This fall in profits occurred despite gross written premiums rising 6.4 percent to $2,673 in 2011, from $2,511 in 2010.

Arch Capital reported falls in both net investment income, from $365 million in 2010 to $338 million in 2011, and net realised gains, from $253 million in 2010 to $111 million in 2011.