ARCH CAPITAL GROUP (ACGL) Company Report

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

8-K

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

Transcript

Arch Capital reports Q3 2025 results

ACGL

Earnings

TTM net investment income plus equity method investments totaled $10,377 M for Insurance, $11,146 M for Reinsurance, and $1,310 M for Mortgage through 9/30/25.
Total shareholders’ equity was $23.719 B, with $22.451 B of tangible equity as of 9/30/25.
Peak Zone 1:250 PML stood at $1,894 M, or 8.4% of tangible shareholders’ equity as of 10/1/25.
Book value per common share reached $62.32 as of September 2025.

Oct 28, 2025, 2:00 PM

Presentation

Arch Capital reports Q3 2025 earnings

ACGL

Earnings

Share Buyback

Arch delivered record Q3 results with over $1 billion of after-tax operating income and $1.3 billion of net income (both +37% YoY), $2.77 operating EPS, 18.5% annualized operating ROE, 9-month combined ratio 83.6% (Q3 79.8%) and YTD book value +17.3%
Property & casualty insurance generated $129 million of underwriting income (up 8% YoY) on nearly $2 billion of net premiums, with a 93.4% combined ratio (91.3% ex-cap)
Reinsurance achieved a record $482 million of underwriting income, a 76.1% combined ratio, and $1.7 billion of net premium returns (–11% YoY)
Mortgage insurance produced $260 million of underwriting income in Q3 and remains on pace for ~$1 billion for the full year
Investable assets grew to $46.7 billion with record $408 million of net investment income; repurchased $732 million of shares in Q3 and 15.1 million shares YTD (4% of float)

Oct 28, 2025, 2:00 PM

Transcript

Arch Capital posts record Q3 2025 earnings

ACGL

Earnings

Share Buyback

Record quarterly results: after-tax operating income and net income both rose 37% YoY, operating EPS was $2.77, annualized operating ROE was 18.5%, combined ratio was 79.8%, and YTD book value per share grew 17.3%.
Continued capital return: repurchased $732 million of shares in Q3, favoring buybacks over a special dividend given strong earnings and share valuation.
Strong segment results:
• Insurance underwriting income of $129 million with a 93.4% combined ratio; net premium returns grew 17% in liability and 15% in property YoY.
• Reinsurance underwriting income of $482 million with a 76.1% combined ratio; net premiums down ~11% YoY.
• Mortgage underwriting income of $260 million, on pace for ~$1 billion annually; U.S. MI delinquency rate at 2.04%.
Robust balance sheet and investments: investable assets of $46.7 billion, record quarterly net investment income of $408 million, and maintained an AA- rating to support growth and shareholder returns.

Oct 28, 2025, 2:00 PM

Transcript

Arch Capital Group reports Q3 2025 results

ACGL

Earnings

Share Buyback

Net income available to Arch common shareholders of $1.34 billion ($3.56 per share), representing a 23.8% annualized net income return on average common equity (vs. $1.0 billion, $2.56/share in Q3 2024).
After-tax operating income of $1.0 billion ($2.77 per share), with an 18.5% annualized operating return on average common equity (vs. $762 million, $1.99/share).
Combined ratio excluding catastrophic activity and prior-year development of 80.5% (up 2.2 points year-over-year), with net premiums earned up 7.9% to $4.285 billion.
Share repurchases of approximately $732 million during the quarter; book value per common share increased 5.3% quarter-over-quarter to $62.32.

Oct 27, 2025, 8:06 PM

8-K

Arch Capital Group reports Q3 2025 results

ACGL

Earnings

Share Buyback

Net income available to common shareholders of $1.34 billion, $3.56 per share, yielding a 23.8% annualized net income ROE (vs. $978 million, $2.56, 19.0% in Q3 2024).
After-tax operating income of $1.04 billion, $2.77 per share, representing an 18.5% annualized operating ROE (vs. $762 million, $1.99 in Q3 2024).
Underwriting income of $871 million (up 61.9% YoY) on $5.41 billion of gross premiums written; combined ratio of 79.8% and 80.5% excluding catastrophes and prior-year development (vs. 78.3% prior year).
Capital actions included $732 million of share repurchases and book value per share increased 5.3% QoQ to $62.32.

Oct 27, 2025, 8:05 PM

Press Release

Arch Capital Group details strategy and market outlook at BofA Financial Services Conference

ACGL

M&A

Arch highlighted a 15.5% compounded book value per share CAGR since 2001, growing to $23 billion in equity and a $45 billion investment portfolio, while returning $8 billion to shareholders since 2007.
The firm’s core principles are cycle management, diversification across specialty insurance, reinsurance and mortgage insurance, and disciplined capital allocation guided by a long‐term compensation structure that aligns underwriters’ incentives with shareholder returns.
In property catastrophe, pricing peaked in 2023 and has since declined by double digits, but Arch maintains it remains attractive, using an “S-curve” approach to adjust deployed capital and managing Florida peak zones carefully.
Recent acquisitions include 2020’s plurarity stake in Coface and 2023’s purchase of MidCorp, which provides a property-led mid-market package franchise and a specialty entertainment (Hollywood production) line, accelerating Arch’s growth in those segments.

Sep 16, 2025, 10:00 AM

Transcript

Arch Capital Group Declares Dividends and Reports Shareholder Voting Results

ACGL

Proxy Vote Outcomes

Dividends

Shareholder meeting results: On May 7, 2025, the company held its annual meeting where key votes were taken on director elections, advisory votes on executive compensation, auditor ratification, and a shareholder proposal on diversity efforts.
Dividend declarations: The Board declared dividends for both Series F and Series G preferred shares, with payments scheduled for June 30, 2025, and September 30, 2025, at rates of $0.340625 and $0.284375 per share respectively.
Filing details: The 8-K filing includes standard updates and exhibits, providing essential financial and corporate announcement information.

May 8, 2025, 12:00 AM

8-K

Arch Capital Group Ltd Reports Solid Q1 2025 Earnings

ACGL

Earnings

Dividends

Share Buyback

Strong earnings performance: Reported $587M after-tax operating income and $1.54 EPS with an annualized operating ROE of 11.5%, despite experiencing $547M in catastrophe losses due to California wildfires.
Segment performance and underwriting: The reinsurance, insurance, and mortgage segments delivered robust results, with underwriting improvements and effective integration of acquired middle market businesses bolstering premium growth.
Disciplined capital management: The company executed share repurchases totaling $296M (with $196M in Q1 and an additional $100M in April) and maintains a strong balance sheet with $20.7B in common equity, supporting ongoing capital return initiatives.

Apr 30, 2025, 1:01 PM

Transcript

Earnings Transcripts

Quarterly earnings call transcripts for ARCH CAPITAL GROUP.

Ask Fintool AI Agent

Get instant answers from SEC filings, earnings calls & more

What did Nicolas Papadopoulo say about margins?What are ARCH CAPITAL GROUP's strategic priorities?How is ARCH CAPITAL GROUP positioned vs competitors?How did ARCH CAPITAL GROUP do last quarter?

Let Fintool AI Agent track ARCH CAPITAL GROUP's earnings for you

Get instant analysis when filings drop