Arch Capital Group Ltd. (ACGL) Q3 2022 Earnings Call Transcript

Arch Capital Group Ltd. (NASDAQ:ACGL) Q3 2022 Earnings Conference Call October 26, 2022 11:00 AM ET

Company Participants

Marc Grandisson - CEO

Francois Morin - CFO and Treasurer

Conference Call Participants

Jamminder Bhullar - JPMorgan

Elyse Greenspan - Wells Fargo

Michael Zaremski - BMO

Yaron Kinar - Jefferies

Tracy Benguigui - Barclays

Josh Shanker - Bank of America

Michael Phillips - Morgan Stanley

Operator

Good day, ladies and gentlemen. And welcome to the Third Quarter 2022 Arch Soft Capital Group Earnings Conference Call. At this time, all participants are in listen-only mode. Later we will conduct the question-and-answer session. And instructions will be given at that time. As a reminder, this call may be recorded.

Before the company gets started with its update, management wants to first remind everyone that certain statements in today's press release and discussed on this call may constitute forward-looking statements under the federal securities laws. These statements are based upon management's current assessments and assumptions and are subject to a number of risks and uncertainties.

Consequently, actual results may differ materially from those expressed or implied. For more information on the risks and other factors that may affect future performance, investors should review periodic reports that are filed by the company with the SEC from time to time. Additionally, certain statements contained in the call that are not based on historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

The company intends the forward-looking statements in the call to be subject to the safe harbor created thereby. Management also will make reference to some non-GAAP measures of financial performance. The reconciliation to GAAP and definition of operating income can be found in the company's current report on Form 8-K furnished to the SEC yesterday, which contains the company's earnings press release and is available on the company's website.

I would now like to introduce your host for today's conference, Mr. Marc Grandisson and Mr. Francois Morin. Sir, you may begin.

Marc Grandisson

Thank you, Michelle. Good morning, and welcome to Arch's third quarter earnings call. Our investors know that with Arch, you're getting a diversified time-tested active capital allocator. Are we on now?

Operator

Yes.

Marc Grandisson

Okay. Let me start again, guys. Sorry about this. Our investors know that with Arch, you're getting a diversified, time-tested active capital allocator that understands that how you navigate cycles is crucial for long-term success. Hurricane Ian gave us a stark reminder of the importance of insurance. And our hearts go first to all those lives or property.