Arch Capital Q1 net income falls to $564 million, or $1.48 a share, from $1.1 billion
Arch Capital Group reported first-quarter 2025 net income available to common shareholders of $564 million, or $1.48 per diluted share, down from $1.1 billion, or $2.92 per share, a year earlier. Results were hit by $547 million in pre-tax catastrophic losses, primarily related to the California wildfires, which pushed underwriting income down 43.3% to $417 million. Shareholders also saw book value per common share rise 3.8% to $55.15.
Key points
- Net income available to common shareholders was $564 million, or $1.48 per share, versus $1.1 billion, or $2.92 per share, in the first quarter of 2024.
- After-tax operating income was $587 million, or $1.54 per share, versus $933 million, or $2.45 per share, a year earlier.
- Pre-tax current accident year catastrophic losses were $547 million, primarily related to the California wildfires.
- Share repurchases totaled approximately $196 million in the quarter.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.