Arch Capital Q4 net income rises to $1.2 billion, or $3.35 per share
Arch Capital Group reported fourth-quarter 2025 net income available to common shareholders of $1.2 billion, or $3.35 per diluted share, up from $925 million, or $2.42 per share, a year earlier. Underwriting income rose 32.3% to $827 million and the combined ratio improved to 80.6% from 85.0%, while the company repurchased $798 million of shares.
Key points
- Net income available to common shareholders was $1.2 billion, or $3.35 per share, versus $925 million, or $2.42 per share, in the fourth quarter of 2024.
- After-tax operating income available to common shareholders was $1.1 billion, or $2.98 per share, versus $866 million, or $2.26 per share, a year earlier.
- Underwriting income was $827 million, up 32.3%, and the combined ratio was 80.6% versus 85.0%.
- Share repurchases totaled $798 million, and book value per common share was $65.11 at December 31, 2025, a 4.5% increase from September 30, 2025.
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 February 09, 2026.
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.