Form 10-Q · Quarterly report
Arch Capital Group 10-Q, filed Nov 4, 2026
- Filed
- CIK
- 0000947484
- Accession no.
- 0000947484-26-000152
Summary
Arch Capital Group reported a 2026 third-quarter annualized net income return on average common equity of 18.1%, down from 23.8% a year earlier, and an operating return on average common equity of 16.0%, with underwriting income of $108 million in insurance, $393 million in reinsurance and $201 million in mortgage. The company said competitive conditions have increased across parts of the insurance and reinsurance markets while it views the market as still constructive, and it repurchased $1.4 billion of shares in the quarter.
Key points
- Arch Capital's reinsurance segment net premiums written fell about 9% year over year to $1.6 billion, which the company attributed to abundant market capacity, lower rates and reduced participation in property and other short-tail lines.
- The company repurchased $1.4 billion of its shares in the 2026 third quarter and $3.4 billion year-to-date.
- Book value per share was $67.90 at September 30, 2026, versus $68.04 at June 30, 2026, and $62.32 at September 30, 2025.
- The investment portfolio posted a pre-tax total return of negative 0.42% for the third quarter, against a benchmark of negative 0.67%, reflecting rising U.S. Treasury yields on a fixed income portfolio with 3.25-year duration.
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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