Arch Capital Group (ACGL) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Financials
Fire, Marine & Casualty InsuranceSEC EDGAR

Arch Capital Group (ACGL) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Arch Capital Group FY2025 10-K Analysis

Business Overview

  • Core model: Bermuda-based specialty (re)insurer across insurance, reinsurance, and mortgage segments; $16.5B net premiums written, $4.4B net income in FY2025
  • MCE Acquisition (Allianz U.S. Middle Market P&C and Entertainment, closed Aug 2024) fully integrated; expanded U.S. middle market presence and added entertainment insurance as a new niche
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Management Discussion & Analysis

  • Net income $4,359M in 2025 vs $4,272M in 2024; after-tax operating income $3,700M vs $3,542M YoY
  • Net income ROAE 20.1% vs 22.8%; Operating ROAE 17.1% vs 18.9%; book value per share $65.11, up 22.6%
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Risk Factors

  • Bermuda CIT Act effective Jan 1, 2025 introduces new corporate income tax; OECD Pillar II top-up tax risk remains despite Credits Act offset
  • Trump administration tariffs on imports creating ripple-effect exposure across insured industries; long-term economic slowdown impact unquantifiable
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Arch Capital Group FY2025 Key Financial Metrics
XBRL

Revenue

$19.9B

+14.3% YoY

Net Income

$4.4B

+2.0% YoY

Net Margin

22.1%

-265bp YoY

ROE

18.2%

-254bp YoY

Total Assets

$79.2B

+11.8% YoY

EPS (Diluted)

$11.60

+3.7% YoY

Operating Cash Flow

$6.2B

-7.5% YoY

Source: XBRL data from Arch Capital Group FY2025 10-K filing on SEC EDGAR. All figures in USD.

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