Item 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

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Item 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

(a) Financial Statements, Financial Statement Schedules and Exhibits.

**1.**Financial Statements

Included in Part II – see Item 8 of this report.

**2.**Financial Statement Schedules

Page No.
II. Condensed Financial Information of Registrant
As of December 31, 2021 and 2020, and for the years ended December 31, 2021, 2020 and 2019175
III. Supplementary Insurance Information
For the years ended December 31, 2021, 2020 and 2019178
IV. Reinsurance
For the years ended December 31, 2021, 2020 and 2019179
VI. Supplementary Information for Property and Casualty Insurance Underwriters
For the years ended December 31, 2021, 2020 and 2019180

Schedules other than those listed above are omitted for the reason that they are not applicable or the information is provided in Item 8 of this report.

ARCH CAPITAL1692021 FORM 10-K

3. Exhibits

Incorporated by Reference
Exhibit NumberExhibit DescriptionFormOriginal NumberDate FiledFiled Herewith
2.1Memorandum of Association of ACGLS-43.1September 8, 2000
2.2Bye-Laws of ACGL10-Q3August 5, 2016
2.3ACGL Certificate of Deposit of Memorandum of Increase of Share Capital10-K3.3February 28, 2011
3.1Certificate of Designations of Series F Non-Cumulative Preferred Shares8-K4.1August 17, 2017
3.2Certificate of Designations of Series G Non-Cumulative Preferred Shares8-K4.1June 11, 2021
3.3Specimen Common Share Certificate10-K4.1April 2, 2001
3.4Specimen Series F Non-Cumulative Preferred Share Certificate8-K4.2August 17, 2017
3.5Specimen Series G Non-Cumulative Preferred Share Certificate8-K4.2June 11, 2021
4.1Indenture, dated as of May 4, 2004, between ACGL, as issuer, and The Bank of New York Mellon, as successor trustee to JPMorgan Chase Bank, N.A. (formerly JPMorgan Chase Bank) (“JPMCB”), as trustee8-K4.1June 30, 2020
4.2First Supplemental Indenture, dated as of May 4, 2004, between ACGL, as issuer, and JPMCB, as trustee8-K99.3May 7, 2004
4.3Second Supplemental Indenture, dated as of June 30, 2020, by and between Arch Capital Group Ltd. and The Bank of New York Mellon (including the form of Global Notes for the Notes).8-K4.2June 30, 2020
4.4.1Indenture, dated as of December 13, 2013, among Arch Capital Group (U.S.) Inc. (“Arch U.S.”), as issuer, ACGL, as guarantor, and The Bank of New York Mellon (“BNYM”), as trustee8-K4.1December 13, 2013
4.4.2First Supplemental Indenture, dated as of December 13, 2013, among Arch U.S., as issuer, ACGL, as guarantor, and BNYM, as trustee8-K4.2December 13, 2013
4.4.3Second Supplemental Indenture, dated as of May 10, 2018, among Arch Capital Finance LLC, as issuer, ACGL, as guarantor, and BNYM, as trustee8-K4.1May 15, 2018
4.5.1Deposit Agreement, dated August 17, 2017, between ACGL, as issuer, and AST, as depositary, registrar and transfer agent and as dividend disbursing agent and redemption agent, and the holders from time to time of the depositary receipts8-K4.3August 17, 2017
4.5.2Deposit Agreement, dated June 11, 2021, between ACGL, as issuer, and AST, as depositary, registrar and transfer agent and as dividend disbursing agent and redemption agent, and the holders from time to time of the depositary receipts8-K4.3June 11, 2021
4.6.1Form of Depositary Receipt, dated August 17, 20178-K4.4August 17, 2017
4.6.2Form of Depositary Receipt, dated June 11, 20218-K4.4June 11, 2021
4.7.1Indenture, dated as of December 8, 2016, among Arch Capital Finance LLC, as issuer, ACGL, as guarantor, and BNYM, as trustee8-K4.1December 9, 2016
4.7.2First Supplemental Indenture, dated as of December 8, 2016, among Arch Capital Finance LLC, as issuer, ACGL, as guarantor, and BNYM, as trustee8-K4.2December 9, 2016
4.8Description of SecuritiesX
10.2.1Third Amended and Restated ACGL Incentive Compensation Plan†10-Q10.7August 5, 2016
10.2.2First Amendment to Third Amended and Restated ACGL Incentive Compensation Plan†10-Q10.1May 5, 2017
10.2.3Second Amendment to Third Amended and Restated ACGL Incentive Compensation PlanX
10.3.1ACGL 2007 Long Term Incentive and Share Award Plan†DEF 14AApril 3, 2007
10.3.2ACGL 2012 Long Term Incentive and Share Award Plan†DEF 14AMarch 27, 2012
10.3.3ACGL 2015 Long Term Incentive and Share Award Plan†DEF 14AMarch 26, 2015
10.3.4ACGL 2018 Long Term Incentive and Share Award Plan†DEF 14AMarch 28, 2018
10.3.5ACGL Amended and Restated 2007 Employee Share Purchase Plan†DEF 14AMarch 23, 2016
10.4.1Form of Restricted Share Agreement, dated as of May 13, 2015, between ACGL and each of, Marc Grandisson, Nicolas Papadopoulo, Maamoun Rajeh and Louis T. Petrillo†10-Q10.2August 7, 2015
10.4.2Form of Restricted Share Agreement, dated as of May 13, 2016, between ACGL and each of Marc Grandisson, Nicolas Papadopoulo, Maamoun Rajeh and Louis T. Petrillo†10-Q10.2August 5, 2016
10.4.3Form of Restricted Share Agreement, dated as of May 4, 2017, between ACGL and each of the Non-Employee Directors of ACGL†10-Q10.3August 4, 2017
10.4.4Form of Restricted Share Agreement, dated as of May 8, 2017, between ACGL and each of Marc Grandisson, Nicolas Papadopoulo, Maamoun Rajeh and Louis T. Petrillo†10-Q10.4August 4, 2017
ARCH CAPITAL1702021 FORM 10-K
10.4.5Form of Restricted Share Agreement, dated as of September 19, 2017, between ACGL and each of Nicolas Papadopoulo and Maamoun Rajeh†10-K10.4.13February 28, 2018
10.4.6Form of Restricted Share Agreement for Named Executive Officers and certain Executive Officers of ACGL and subsidiaries†10-Q10.3August 8, 2018
10.4.7Form of Restricted Share Agreement between ACGL and each of the Non-Employee Directors of ACGL†10-Q10.6August 8, 2018
10.5Form of Performance Restricted Share Agreement for Named Executive Officers and certain Executive Officers of ACGL and subsidiaries†10-Q10.5August 8, 2018
10.6.1Form of Non-Qualified Stock Option Agreement, dated as of May 13, 2015, between ACGL and each of Marc Grandisson†10-Q10.3August 7, 2015
10.6.2Form of Non-Qualified Stock Option Agreement, dated as of May 13, 2016, between ACGL and each of Marc Grandisson, Nicolas Papadopoulo, Maamoun Rajeh and Louis T. Petrillo†10-Q10.3August 5, 2016
10.6.3Form of Non-Qualified Stock Option Agreement, dated as of May 8, 2017, between ACGL and each of Marc Grandisson, Nicolas Papadopoulo, Maamoun Rajeh and Louis T. Petrillo†10-Q10.5August 4, 2017
10.6.4Non-Qualified Stock Option Agreement, dated as of September 19, 2017, between ACGL and Maamoun Rajeh†10-K10.5.6February 28, 2018
10.6.5Non-Qualified Stock Option Agreement, dated as of September 19, 2017, between ACGL and Nicolas Papadopoulo†10-K10.5.7February 28, 2018
10.6.6Form of Non-Qualified Stock Option Agreement for Named Executive Officers and certain Executive Officers of ACGL and subsidiaries†10-Q10.4August 8, 2018
10.6.7Non-Qualified Stock Option Agreement, dated as of April 9, 2018, between ACGL and Marc Grandisson†10-Q10.5May 9, 2018
10.7.1Form of Share Appreciation Right Agreement, dated as of May 9, 2008, between ACGL and each of, John D. Vollaro, Marc Grandisson and Louis T. Petrillo†10-Q10.1November 10, 2008
10.7.2Form of Share Appreciation Right Agreement, dated as of May 6, 2009, between ACGL and each of Marc Grandisson and John D. Vollaro†10-K10.12.4February 26, 2010
10.7.3Form of Share Appreciation Right Agreement, dated as of May 5, 2010, between ACGL and each of Marc Grandisson and Louis T. Petrillo†10-Q10.4November 8, 2010
10.7.4Share Appreciation Right Agreement, dated as of May 6, 2011, between ACGL and Marc Grandisson†10-Q10.7November 8, 2011
10.7.5Share Appreciation Right Agreement, dated as of May 6, 2011, between ACGL and Louis T. Petrillo†10-Q10.12November 8, 2011
10.7.6Share Appreciation Right Agreement, dated as of May 6, 2011, between ACGL and Maamoun Rajeh†10-Q10.1November 3, 2017
10.7.7Share Appreciation Right Agreement, dated as of May 9, 2012 between ACGL and Maamoun Rajeh†10-Q10.2November 3, 2017
10.7.8Form of Share Appreciation Right Agreement, dated as of May 9, 2012, between ACGL and each of Marc Grandisson and Louis T. Petrillo†10-Q10.3November 9, 2012
10.7.9Share Appreciation Right Agreement, dated as of July 1, 2012 between ACGL and Maamoun Rajeh†10-Q10.4November 3, 2017
10.7.10Form of Share Appreciation Right Agreement, dated as of November 12, 2012, between ACGL and each of Marc Grandisson, Maamoun Rajeh and Louis T. Petrillo†10-Q10.3August 9, 2013
10.7.11Form of Share Appreciation Right Agreement, dated as of May 9, 2013, between ACGL and each of Marc Grandisson, Maamoun Rajeh and Louis T. Petrillo†10-Q10.2November 8, 2013
10.7.12Form of Share Appreciation Right Agreement, dated as of May 13, 2014, between ACGL and each of Marc Grandisson, Maamoun Rajeh and Louis T. Petrillo†10-Q10.3August 8, 2014
10.7.13Share Appreciation Right Agreement, dated as of July 1, 2014, between ACGL and Maamoun Rajeh†10-Q10.15November 3, 2017
10.7.14Share Appreciation Right Agreement, dated as of November 6, 2014, between ACGL and Marc Grandisson†10-Q10.2May 8, 2015
10.8.1Employment Agreement, dated as of October 27, 2008, between ACGL and John D. Vollaro†8-K10.1October 28, 2008
10.8.2Amendment to Employment Agreement, dated February 27, 2015, between ACGL and John D. Vollaro†10-Q10.1May 8, 2015
10.8.3Second Amendment to Employment Agreement, dated as of January 1, 2018, between ACGL and John D. Vollaro†10-Q10.1May 9, 2018
10.10Employment Agreement, dated as of September 19, 2017 between ACGL and Maamoun Rajeh†10-Q10.26November 3, 2017
10.11Employment Agreement, dated as of September 19, 2017 between ACGL and Nicholas Papadopoulo†10-Q10.27November 3, 2017
ARCH CAPITAL1712021 FORM 10-K
10.12Employment Agreement, dated as of May 25, 2018, between ACGL and François Morin†8-K/A10.1July 26, 2018
10.13Employment Agreement, dated as of April 9, 2018, between ACGL and Marc Grandisson†8-K/A10.1April 11, 2018
10.14Employment Agreement, dated as of November 13, 2018, between Arch Capital Services Inc. and Louis Petrillo†10-K10.16February 28, 2019
10.15Employment Agreement dated as of October 1,2019 between Arch Capital Group Ltd. and David Gansberg †10-K10.16February 28, 2020
10.16Employment Agreement dated as of May 7, 2021 between Arch Capital Group Ltd. and Christine Todd †10-Q10.1August 5, 2021
10.17Arch U.S. Executive Supplemental Non-Qualified Savings and Retirement Plan†10-K10.24March 2, 2009
10.18Third Amended and Restated Credit Agreement, dated as of December 17,2019, by and among ACGL, certain of its subsidiaries as subsidiary borrowers, Bank of America, N.A., as Administrative Agent, Fronting Bank and L/C Administrator, and the lenders party thereto8-K10.1December 18, 2019
10.19First Amendment to Third Amended and Restated Credit Agreement, dated as of August 12, 2020 by and among Arch Capital Group Ltd., the other Loan Parties party hereto, the Lenders party hereto, and Bank of America, N.A., as Administrative Agent.10-Q10.1November 4, 2021
10.20The LIBOR Transition Amendment to the Third Amended and Restated Credit Agreement, dated as of September 29, 2021.10-Q10.2November 4, 2021
21Subsidiaries of RegistrantX
23Consent of PricewaterhouseCoopers LLPX
24Power of AttorneyX
31.1Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002X
31.2Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002X
32.1Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002X
32.2Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002X
101The following financial information from ACGL’s Annual Report on Form 10-K for the year ended December 31, 2021 formatted in Inline XBRL: (i) Consolidated Balance Sheets at December 31, 2021 and 2020; (ii) Consolidated Statements of Income for the years ended December 31, 2021, 2020 and 2019; (iii) Consolidated Statements of Comprehensive Income for the years ended December 31, 2021, 2020 and 2019; (iv) Consolidated Statements of Changes in Shareholders’ Equity for the years ended December 31, 2021, 2020 and 2019; (v) Consolidated Statements of Cash Flows for the years ended December 31, 2021, 2020 and 2019; and (vi) Notes to Consolidated Financial StatementsX
104Cove Page Interactive Data File (embedded within the Inline XBRL document)

† Management contract or compensatory plan or arrangement.

ARCH CAPITAL1722021 FORM 10-K

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

ARCH CAPITAL GROUP LTD. (Registrant)
By:/s/ Marc Grandisson
Name:Marc Grandisson
Title:Chief Executive Officer (Principal Executive Officer)

February 25, 2022

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

NameTitleDate
/s/ Marc Grandisson
Marc GrandissonChief Executive Officer (Principal Executive Officer)February 25, 2022
/s/ François Morin
François MorinExecutive Vice President and Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) and TreasurerFebruary 25, 2022
*
John M. PasquesiChairman of the BoardFebruary 25, 2022
*
John L. Bunce, Jr.DirectorFebruary 25, 2022
*
Eric W. DoppstadtDirectorFebruary 25, 2022
*
Francis EbongDirectorFebruary 25, 2022
*
Laurie S. GoodmanDirectorFebruary 25, 2022
ARCH CAPITAL1732021 FORM 10-K
NameTitleDate
*
Moira KilcoyneDirectorFebruary 25, 2022
*
Eileen MalleschDirectorFebruary 25, 2022
*
Louis J. PagliaDirectorFebruary 25, 2022
*
Brian S. PosnerDirectorFebruary 25, 2022
*
Eugene S. SunshineDirectorFebruary 25, 2022
*
John D. VollaroDirectorFebruary 25, 2022
*
Thomas R. WatjenDirectorFebruary 25, 2022

  • By François Morin, as attorney-in-fact and agent, pursuant to a power of attorney, a copy of which has been filed with the Securities and Exchange Commission as Exhibit 24 to this report.
/s/ François Morin
Name:François Morin Attorney-in-Fact
ARCH CAPITAL1742021 FORM 10-K

SCHEDULE II

ARCH CAPITAL GROUP LTD. AND SUBSIDIARIES

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

(U.S. dollars in thousands)

Balance Sheet

(Parent Company Only)

December 31,
20212020
Assets
Total investments$2,038$172
Cash16,31718,932
Investments in subsidiaries14,822,02414,377,529
Investment in operating affiliates6,8777,731
Due from subsidiaries and affiliates11—
Other assets9,60410,659
Total assets$14,856,871$14,415,023
Liabilities
Senior notes$1,286,208$1,285,867
Due to subsidiaries and affiliates——
Other liabilities24,76723,270
Total liabilities1,310,9751,309,137
Shareholders' Equity
Non-cumulative preferred shares830,000780,000
Common shares ($0.0011 par, shares issued: 583,289,850 and 579,000,841)648643
Additional paid-in capital2,085,0751,977,794
Retained earnings14,455,86812,362,463
Accumulated other comprehensive income (loss), net of deferred income tax(64,600)488,895
Common shares held in treasury, at cost (shares: 204,365,956 and 172,280,199)(3,761,095)(2,503,909)
Total shareholders' equity$13,545,896$13,105,886
Total liabilities and shareholders' equity$14,856,871$14,415,023

The financial information for the parent company (Arch Capital Group Ltd.) should be read in conjunction with the Consolidated Financial Statements and Notes thereto.

ARCH CAPITAL1752021 FORM 10-K

SCHEDULE II

(continued)

ARCH CAPITAL GROUP LTD. AND SUBSIDIARIES

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

(U.S. dollars in thousands)

Statement of Income

(Parent Company Only)

Year Ended
December 31,
202120202019
Revenues
Net investment income$1,524$53$212
Net realized gains (losses)—(2,110)—
Total revenues1,524(2,057)212
Expenses
Corporate expenses71,81865,56662,701
Interest expense58,74140,44522,154
Net foreign exchange (gains) losses731
Total expenses130,566106,01484,856
Income (loss) before income taxes and income (loss) from operating affiliates(129,042)(108,071)(84,644)
Income (loss) from operating affiliates(590)(437)(762)
Income (loss) before equity in net income of subsidiaries(129,632)(108,508)(85,406)
Equity in net income of subsidiaries2,286,4811,514,0291,721,725
Net income available to Arch2,156,8491,405,5211,636,319
Preferred dividends(48,343)(41,612)(41,612)
Loss on redemption of preferred shares(15,101)——
Net income available to Arch common shareholders$2,093,405$1,363,909$1,594,707

The financial information for the parent company (Arch Capital Group Ltd.) should be read in conjunction with the Consolidated Financial Statements and Notes thereto.

ARCH CAPITAL1762021 FORM 10-K

SCHEDULE II

(continued)

ARCH CAPITAL GROUP LTD. AND SUBSIDIARIES

CONDENSED FINANCIAL INFORMATION OF REGISTRANT

(U.S. dollars in thousands)

Statement of Cash Flows

(Parent Company Only)

Year Ended
December 31,
202120202019
Operating Activities:
Net Cash Provided By Operating Activities$1,727,529$124,751$52,487
Investing Activities:
Net (purchases) sales of short-term investments(1,866)(130)61
Capital contributed to subsidiaries(487,161)(988,975)(2,121)
Purchase of fixed assets(783)(15)(162)
Net Cash Used For Investing Activities(489,810)(989,120)(2,222)
Financing Activities:
Purchases of common shares under share repurchase program(1,234,294)(83,472)(2,871)
Proceeds from common shares issued, net6,4181,8766,203
Proceeds from issuance of preferred shares, net485,821——
Redemption of preferred shares(450,000)——
Proceeds from borrowings—988,393—
Preferred dividends paid(48,280)(41,612)(41,612)
Net Cash Used For Financing Activities(1,240,335)865,185(38,280)
Increase (decrease) in cash and restricted cash(2,616)81611,985
Cash and restricted cash, beginning of year18,96018,1446,159
Cash and restricted cash, end of period$16,344$18,960$18,144

The financial information for the parent company (Arch Capital Group Ltd.) should be read in conjunction with the Consolidated Financial Statements and Notes thereto.

ARCH CAPITAL1772021 FORM 10-K

SCHEDULE III

ARCH CAPITAL GROUP LTD. AND SUBSIDIARIES

SUPPLEMENTARY INSURANCE INFORMATION

(U.S. dollars in thousands)

Deferred Acquisition CostsReserves for Losses and Loss Adjustment ExpensesUnearned PremiumsNet Premiums EarnedNet Investment Income (1)Net Losses and Loss Adjustment Expenses IncurredAmortization of Deferred Acquisition CostsOther Operating Expenses (2)Net Premiums Written
December 31, 2021
Insurance$378,265$9,810,622$2,937,664$3,626,468NM$2,344,365$606,265$558,906$4,148,193
Reinsurance424,3906,878,7212,263,2642,840,443NM1,924,719536,754212,8103,254,374
Mortgage99,1861,067,813811,0141,283,419NM56,67797,418194,0101,261,068
Other331,968NM259,04262,74132,869354,702
Total$901,841$17,757,156$6,011,942$8,082,298NM$4,584,803$1,303,178$998,595$9,018,337
December 31, 2020
Insurance$254,833$8,989,930$2,334,225$2,871,420NM$2,092,453$418,483$489,153$3,162,907
Reinsurance278,4225,027,7421,356,9832,162,229NM1,628,320354,048168,0112,457,370
Mortgage203,748976,673740,0431,397,935NM528,344134,240162,2021,279,850
Other53,7051,519,583407,714560,351NM440,48298,07155,810537,589
Total$790,708$16,513,928$4,838,965$6,991,935NM$4,689,599$1,004,842$875,176$7,437,716
December 31, 2019
Insurance$188,684$7,900,328$1,991,496$2,397,080NM$1,615,475$361,614$454,770$2,641,726
Reinsurance197,8564,270,013971,7761,466,389NM1,011,329239,032141,4841,602,723
Mortgage182,816457,872937,3701,366,340NM53,513134,319153,0921,261,756
Other64,0441,263,629438,907556,689NM453,135105,98051,651532,862
Total$633,400$13,891,842$4,339,549$5,786,498NM$3,133,452$840,945$800,997$6,039,067

(1) The Company does not manage its assets by segment and, accordingly, net investment income is not allocated to each underwriting segment. See note 4, “Segment Information,” to our consolidated financial statements in Item 8 for information related to the ‘other’ segment.

(2) Certain other operating expenses relate to the Company’s corporate segment. Such amounts are not reflected in the table above. See note 4, “Segment Information,” to our consolidated financial statements in Item 8 for information related to the corporate segment.

ARCH CAPITAL1782021 FORM 10-K

SCHEDULE IV

ARCH CAPITAL GROUP LTD. AND SUBSIDIARIES

REINSURANCE

(U.S. dollars in thousands)

Gross AmountCeded to Other Companies (1)Assumed From Other Companies (1)Net AmountPercentage of Amount Assumed to Net
Year Ended December 31, 2021
Premiums Written:
Insurance$5,833,873$(1,719,541)$33,861$4,148,1930.8%
Reinsurance408,520(1,839,556)4,685,4103,254,374144.0%
Mortgage1,213,333(246,757)294,4921,261,06823.4%
Other251,106(102,763)206,359354,70258.2%
Total$7,706,832$(3,734,150)$5,045,655$9,018,33755.9%
Year Ended December 31, 2020
Premiums Written:
Insurance$4,659,416$(1,525,655)$29,146$3,162,9070.9%
Reinsurance305,435(1,014,716)3,166,6512,457,370128.9%
Mortgage1,192,316(194,149)281,6831,279,85022.0%
Other396,743(190,957)331,803537,58961.7%
Total$6,553,910$(2,650,352)$3,534,158$7,437,71647.5%
Year Ended December 31, 2019
Premiums Written:
Insurance$3,879,752$(1,266,267)$28,241$2,641,7261.1%
Reinsurance238,229(720,500)2,084,9941,602,723130.1%
Mortgage1,224,373(204,509)241,8921,261,75619.2%
Other339,169(222,019)415,712532,86278.0%
Total$5,681,523$(2,099,893)$2,457,437$6,039,06740.7%

(1) Certain amounts included in the gross premiums written of each segment are related to intersegment transactions and are included in the gross premiums written of each segment. Accordingly, the sum of gross premiums written for each segment does not agree to the total gross premiums written as shown in the table above due to the elimination of intersegment transactions in the total.

ARCH CAPITAL1792021 FORM 10-K

SCHEDULE VI

ARCH CAPITAL GROUP LTD. AND SUBSIDIARIES

SUPPLEMENTARY INFORMATION FOR PROPERTY AND CASUALTY INSURANCE UNDERWRITERS

(U.S. dollars in thousands)

Column AColumn BColumn CColumn DColumn EColumn FColumn GColumn HColumn IColumn JColumn K
Affiliation with RegistrantDeferred Acquisition CostsReserves for Losses and Loss Adjustment ExpensesDiscount, if any, deducted in Column CUnearned PremiumsNet Premiums EarnedNet Investment IncomeNet Losses and Loss Adjustment Expenses Incurred Related toAmortization of Deferred Acquisition CostsNet Paid Losses and Loss Adjustment ExpensesNet Premiums Written
(a) Current Year(b) Prior Years
Consolidated Subsidiaries
2021$901,841$17,757,156$55,575$6,011,942$8,082,298$389,118$4,940,987$(356,184)$1,303,178$2,826,551$9,018,337
2020790,70816,513,92923,3264,838,9656,991,935519,6084,851,051(161,452)1,004,8422,661,1177,437,716
2019633,40013,891,84222,0124,339,5495,786,498627,7383,297,037(163,585)840,9452,383,2556,039,067

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