Arch Capital Group Reports Q3 2026 Net Income of $1.0 Billion
Arch Capital Group Ltd. (ACGL) reported strong third-quarter results for 2026, posting a net income of $1.0 billion, or $3.00 per share. This represents an 18.1% annualized net income return on average common equity. Despite increased catastrophe activity and the Iran conflict impacting losses, the company maintained solid performance through insurance gross premiums written, which grew 7.8% year-over-year to $2.77 billion. The company's combined ratio rose to 82.5%, up from 79.8% in the prior year due to higher catastrophe losses of $234 million. However, Arch Capital continues to demonstrate capital discipline, executing $1.4 billion in share repurchases during the quarter. While mortgage origination volume remains constrained by high interest rates and reinsurance capacity is pressuring premiums, net investment income grew to $451 million, supported by a robust investable asset base of $49.2 billion.
Tickers: $ACGL
Topics: Catastrophe Losses Insurance Premiums Mortgage Underwriting Net Income Share Repurchases