Earnings summaries and quarterly performance for ARCH CAPITAL GROUP.
Executive leadership at ARCH CAPITAL GROUP.
Nicolas Papadopoulo
Detailed
Chief Executive Officer
CEO
CH
Chris Hovey
Detailed
Chief Operations Officer
CT
Christine Todd
Detailed
Chief Investment Officer
DE
David E. Gansberg
Detailed
President
FM
François Morin
Detailed
Executive Vice President, Chief Financial Officer and Treasurer
JR
Jay Rajendra
Detailed
Chief Strategy and Innovation Officer
JC
Jennifer Centrone
Detailed
Executive Vice President, Chief Human Resources Officer
LT
Louis T. Petrillo
Detailed
President and General Counsel
MR
Maamoun Rajeh
Detailed
President
Board of directors at ARCH CAPITAL GROUP.
AM
Alexander Moczarski
Detailed
Director
BS
Brian S. Posner
Detailed
Director
DJ
Daniel J. Houston
Detailed
Director
EM
Eileen Mallesch
Detailed
Director
FE
Francis Ebong
Detailed
Director
JD
John D. Vollaro
Detailed
Director
JL
John L. Bunce, Jr.
Detailed
Director
JM
John M. Pasquesi
Detailed
Chair of the Board
LS
Laurie S. Goodman
Detailed
Director
MK
Moira Kilcoyne
Detailed
Director
NT
Neal Triplett
Detailed
Director
Research analysts who have asked questions during ARCH CAPITAL GROUP earnings calls.
David Motemaden
Evercore ISI
8 questions for ACGL
Also covers: AJG, ALL, AON +16 more
EG
Elyse Greenspan
Wells Fargo
8 questions for ACGL
Also covers: AFL, AHL, AIG +32 more
Meyer Shields
Keefe, Bruyette & Woods
7 questions for ACGL
Also covers: AFG, AIG, AJG +24 more
Andrew Andersen
Jefferies
6 questions for ACGL
Also covers: AFG, AHL, AIG +21 more
AK
Andrew Kligerman
TD Cowen
6 questions for ACGL
Also covers: ABL, AJG, ALL +22 more
CM
Cave Montazeri
Deutsche Bank
6 questions for ACGL
Also covers: AHL, AJG, AON +5 more
Michael Zaremski
BMO Capital Markets
5 questions for ACGL
Also covers: AFG, AIG, AJG +25 more
Brian Meredith
UBS
4 questions for ACGL
Also covers: AIG, AIZ, AXS +17 more
TB
Tracy Benguigui
Wolfe Research
4 questions for ACGL
Also covers: AJG, BRO, CB +8 more
Alex Scott
Barclays PLC
3 questions for ACGL
Also covers: AFL, AIG, AJG +30 more
Josh Shanker
Bank of America
3 questions for ACGL
Also covers: ALL, AXS, BRO +12 more
Mike Zaremski
BMO Capital Markets
3 questions for ACGL
Also covers: AJG, ALL, BRO +9 more
WC
Wesley Carmichael
Autonomous Research
3 questions for ACGL
Also covers: AFL, BHF, CNO +16 more
YK
Yaron Kinar
Oppenheimer & Co. Inc.
3 questions for ACGL
Also covers: ALL, AXS, BRO +13 more
JB
Jamminder Bhullar
JPMorgan Chase & Co.
2 questions for ACGL
Also covers: AFL, ALL, AON +13 more
Joshua Shanker
Bank of America Merrill Lynch
2 questions for ACGL
Also covers: AFL, ALL, AXS +13 more
RC
Rob Cox
Goldman Sachs
2 questions for ACGL
Also covers: AJG, BRO, FIHL +5 more
RM
Roland Meyer
RBC Capital Markets
2 questions for ACGL
Also covers: BOW, IGIC, THG
Ryan Tunis
Cantor Fitzgerald
2 questions for ACGL
Also covers: AJG, CB, EG +8 more
TS
Taylor Scott
BofA Securities
2 questions for ACGL
Also covers: AFL, AJG, BRO +12 more
Andrew E. Andersen
Jefferies LLC
1 question for ACGL
JB
Jimmy Bhullar
JPMorgan Chase & Co.
1 question for ACGL
Also covers: AFL, ALL, AON +12 more
MH
Matthew Heimerman
Citigroup
1 question for ACGL
Also covers: ASIC, HG, RYAN
Matthew Heimermann
Citi
1 question for ACGL
Also covers: AHL, AON, ASIC +4 more
Recent press releases and 8-K filings for ACGL.
Arch Capital Group reports Q4 2025 results
ACGL
Earnings
Share Buyback
Guidance Update
- After-tax operating income of $1.1 billion in Q4 2025 (up 26% YoY) and $3.7 billion for FY 2025, delivering $9.84 EPS and a 17.1% operating return on average common equity.
- Q4 consolidated combined ratio of 80.6%; insurance ex-cat combined ratio of 90.8% with 2% gross premiums written growth, and reinsurance combined ratio ex-cap & prior-year development of 74.9%.
- Generated $6.2 billion of operating cash flow; repurchased $1.9 billion of common stock in 2025 (5.6% of shares) and grew book value per share 22.6% for the year (4.5% in Q4).
- For 2026, effective tax rate expected to revert to 16–18%, full-year catastrophe losses estimated at 7–8% of net earned premiums, and reinsurance operating expense ratio forecast at 3.9–4.5% due to Bermuda tax credits.
Feb 10, 2026, 3:00 PM
Arch Capital Group reports Q4 2025 results
ACGL
Earnings
Share Buyback
Guidance Update
- Arch generated $1.1 billion of Q4 after-tax operating income, up 26% YoY, with a consolidated combined ratio of 80.6%, driving full-year after-tax operating income of $3.7 billion, operating EPS of $9.84, and a 17.1% operating ROAE for 2025.
- Segments delivered robust results: Insurance posted $119 million of Q4 underwriting income with a 90.8% ex-cat combined ratio; Reinsurance achieved $458 million of pre-tax Q4 underwriting income; Mortgage earned $250 million of underwriting income at a 34% combined ratio; and Investment activities contributed $589 million of net income.
- Strong cash generation—$6.2 billion of operating cash flow in 2025—grew investable assets to $47.4 billion.
- Returned capital via $798 million of share repurchases in Q4 ( $1.9 billion for 2025 plus $349 million YTD), and guided 2026 operating expense ratios of 3.9–4.5%, corporate expenses of $80–90 million, and an effective tax rate of 16–18%.
Feb 10, 2026, 3:00 PM
Arch Capital Group Ltd reports Q4 2025 earnings
ACGL
Earnings
- FY 2025 gross premiums written by segment were $10.435 B Insurance, $11.149 B Reinsurance, and $1.305 B Mortgage, marking continued top-line growth.
- Tangible shareholders' equity available to Arch rose to $22.984 B at December 31, 2025, up from $19.469 B in 2024.
- Book value per common share reached $65.11 in 2025, with cumulative common dividends of 13.2%, contributing to a total capitalization of $26.9 B.
- The company highlighted its focus on underwriting discipline, conservative reserving, low leverage, and strong liquidity to support superior risk-adjusted returns.
Feb 10, 2026, 3:00 PM
Arch Capital Group reports Q4 2025 results
ACGL
Earnings
Share Buyback
- $1.1 billion after-tax operating income in Q4 2025 (up 26% YoY); $3.7 billion for the full year, with $9.84 operating EPS and 17.1% operating ROE.
- Q4 combined ratio of 80.6%, insurance segment underwriting income of $119 million (ex-cat combined ratio 90.8%); reinsurance delivered a record $1.6 billion, and the mortgage segment exceeded $1 billion in underwriting income for the year.
- Investment income of $434 million (net) and $155 million from equity method investments in Q4; total investable assets reached $47.4 billion.
- $798 million share repurchase in Q4 (total $1.9 billion in 2025, 5.6% of shares), and book value per share up 22.6% in 2025.
Feb 10, 2026, 3:00 PM
Arch Capital Group reports full-year 2025 results
ACGL
Earnings
Share Buyback
- Arch reported 2025 revenue of $19.93 billion and net income of $4.40 billion.
- Fourth-quarter adjusted EPS was $2.98, representing a ~19.5% earnings surprise and extending a four-quarter streak of beats.
- Q4 consolidated combined ratio was 80.6%, or 79.5% excluding catastrophes and prior-year reserve development.
- The company repurchased $798 million of stock, raising book value per share by 4.5% to $65.11.
Feb 9, 2026, 9:32 PM
Arch Capital Group reports Q4 2025 results
ACGL
Earnings
Share Buyback
- Arch Capital delivered net income of $1.2 billion, or $3.35 per share, in Q4 2025, up from $925 million ($2.42 per share) in Q4 2024.
- After-tax operating income was $1.1 billion, or $2.98 per share, yielding an 18.9% annualized operating return on average common equity, versus $866 million ($2.26 per share) and 16.7% in Q4 2024.
- Underwriting performance included $4.81 billion of gross premiums written and a combined ratio of 80.6% (79.5% excluding catastrophe and prior-year development).
- The company repurchased $798 million of shares and ended the quarter with book value per share of $65.11, a 4.5% increase from September 30, 2025.
Feb 9, 2026, 9:27 PM
Arch Capital Group reports Q4 2025 results
ACGL
Earnings
Share Buyback
- Arch reported Q4 net income available to common shareholders of $1.2 billion (EPS $3.35) and after-tax operating income of $1.1 billion (EPS $2.98).
- The underwriting combined ratio was 80.6%, with the combined ratio excluding catastrophic activity and prior year development at 79.5%.
- Book value per common share increased to $65.11 at December 31, 2025, up 4.5% from September 30, 2025.
- The company executed $798 million of share repurchases in the quarter.
Feb 9, 2026, 9:25 PM
Arch Capital Group credit ratings upgraded by AM Best
ACGL
Debt Issuance
- AM Best upgraded Arch Capital Group Ltd.’s Long-Term Issuer Credit Rating to a (Excellent) from a- and affirmed its Financial Strength Rating at A+ (Superior), revising outlooks to stable from positive.
- Arch Reinsurance Ltd. and its affiliates saw Long-Term ICRs raised to aa (Superior) from aa-, with FSRs affirmed at A+ and outlooks set to stable.
- Arch Capital Group Ltd.’s debt ratings improved, including $300 million 7.35% senior unsecured notes due 2034 to a, and preferred shares Series E & F to bbb+.
- Arch Capital Group (US) Inc.’s $500 million 5.144% senior unsecured notes due 2043 and Arch Capital Finance LLC’s $500 million 4.011% notes due 2026 & $450 million 5.031% notes due 2046 were each upgraded to a (Excellent).
Dec 18, 2025, 4:06 PM
Arch Capital extends $700 M letter of credit facility
ACGL
Debt Issuance
- Arch Reinsurance Ltd., a wholly-owned subsidiary of Arch Capital Group Ltd., entered into Amendment No. 5 to its Letter of Credit Facility Agreement with Lloyds Bank Corporate Markets plc on October 29, 2025.
- The amendment extends Letters of Credit for the 2026 underwriting year and pushes the facility’s availability period to May 31, 2026 from May 31, 2025.
- The total facility commitment remains at $700 million for letters of credit.
- The amendment also records the name change of Apollo No. 14 Limited to Portico Corporate Member Ltd., effective November 5, 2024.
Nov 3, 2025, 9:07 PM
Arch Capital reports Q3 2025 results
ACGL
Earnings
Share Buyback
- Arch Capital delivered record Q3 after-tax operating income of $1.0 billion and net income of $1.3 billion, up 37% y/y; after-tax operating EPS was $2.77 (18.5% annualized operating ROE), with YTD book value per share growth of 17.3%; consolidated combined ratio was 79.8% for the quarter and 83.6% for the first nine months.
- The property & casualty insurance segment posted underwriting income of $129 million on net premium returns of nearly $2 billion, with a combined ratio of 93.4% (91.3% ex-cap); net premiums written grew 7.3% y/y.
- The reinsurance segment achieved a record underwriting income of $482 million with a 76.1% combined ratio on $1.7 billion of net premium returns (down ~11% y/y); the mortgage segment generated $260 million of underwriting income and remains on pace for ~$1 billion in FY 2025.
- Investable assets grew to $46.7 billion, delivering a record quarterly net investment income of $408 million; the firm repurchased $732 million of shares in Q3 (and $250 million so far in October), totaling 15.1 million shares ytd (4% of start-year shares).
Oct 28, 2025, 2:00 PM
Quarterly earnings call transcripts for ARCH CAPITAL GROUP.
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