Form 10-Q · Quarterly report
Arch Capital Group 10-Q, filed Aug 4, 2026
- Filed
- CIK
- 0000947484
- Accession no.
- 0000947484-26-000124
Summary
Arch Capital Group reported 2026 second-quarter annualized net income return on average common equity of 18.0% and an annualized operating return on average common equity of 15.3%, with underwriting income of $27 million in its insurance segment, $410 million in reinsurance, and $220 million in mortgage. The company repurchased 12.4 million common shares for $1.2 billion during the quarter and said competitive conditions have increased across portions of the insurance and reinsurance markets, while it continues to see growth opportunities in certain casualty lines.
Key points
- Reinsurance segment net premiums written were $1.8 billion, down roughly 10% from the 2025 second quarter, reflecting pricing pressures and higher cedant retentions in certain property and short-tail lines.
- Book value per share was $68.04 at June 30, 2026, compared with $66.19 at March 31, 2026, and $59.17 at June 30, 2025.
- Mortgage segment persistency of the U.S. primary mortgage insurance portfolio was 79.9%, and new originations remained modest due to affordability challenges tied to mortgage rates and home prices.
- Through the first half of 2026, Arch Capital repurchased approximately 94% of its net income in its own shares.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following is a discussion and analysis of our financial condition and results of operations. This should be read in conjunction with our consolidated financial statements included in Item 1 of this report and also our Management’s Discussion and Analysis of Financial Condition and Results of Operations contained in our Annual Report on Form 10-K for the year ended December 31, 2025 (“2025 Form 10-K”). In addition, readers should review “Risk Factors” set forth in Item 1A of Part I of our 2025 Form 10-K and “ITEM 1A—Risk Factors” of this Form 10-Q. …
An excerpt of the text as filed with the SEC, cut for length.
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