Arch Capital Group Ltd. (NASDAQ: ACGL) reports that net income for the 2004 fourth quarter was $107.1 million, or $1.45 per share, compared to $83.7 million, or $1.22 per share, for the 2003 fourth quarter, and $316.9 million, or $4.37 per share, for the year ended December 31, 2004, compared to $280.6 million, or $4.14 per share, for the year ended December 31, 2003. The Company's diluted book value per share increased to $31.03 at December 31, 2004, a 5.1% increase from $29.53 per share at September 30, 2004 and a 21.6% increase from $25.52 per share at December 31, 2003 (see "Calculation of...
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