Arch Capital Report 2025 Second Quarter Results
Arch Capital announced its 2025 second quarter results.
A spokesperson said, “The results included:
- Net income available to Arch common shareholders of $1.2 billion, or $3.23 per share, representing a 22.9% annualized net income return on average common equity, compared to net income available to Arch common shareholders of $1.3 billion, or $3.30 per share, for the 2024 second quarter.
- After-tax operating income available to Arch common shareholders[1] of $979 million, or $2.58 per share, representing an 18.2% annualized operating return on average common equity[1], compared to $981 million, or $2.57 per share, for the 2024 second quarter.
- Pre-tax current accident year catastrophic losses for the Company’s insurance and reinsurance segments, net of reinsurance and reinstatement premiums, of $154 million.
- Favorable development in prior year loss reserves, net of related adjustments, of $139 million.
- Combined ratio excluding catastrophic activity and prior year development[1] of 80.9%, compared to 76.7% for the 2024 second quarter.
- Share repurchases of approximately $163 million.
- Book value per common share of $59.17 at June 30, 2025, a 7.3% increase from March 31, 2025.
“We achieved these results by staying true to our core principle of cycle management,” Arch CEO Nicolas Papadopoulo said. “This disciplined underwriting approach, paired with dynamic capital management, positions us to consistently generate superior returns across market cycles.”
