Arch Capital reports $1.0 billion of second-quarter net income
Filed with the SEC on · Summarized by InvestorsBot
Arch Capital reported $1.047 billion of net income available to common shareholders, or $3.00 per diluted share, for the quarter ended June 30, 2026, compared with $1.227 billion, or $3.23 per share, a year earlier; after-tax operating income was $893 million, or $2.56 per share. Underwriting income fell 19.7% to $657 million as the combined ratio rose to 83.5%, while catastrophe losses totaled $201 million and prior-year reserves developed favorably by $165 million; Arch repurchased $1.2 billion of shares and book value per share increased 2.8% to $68.04.