Arch Capital reports Q1 EPS $2.88, consensus $2.46

Book value per common share of $66.19 at March 31, 2026, a 1.7% increase from December 31, 2025. “We started the year on an excellent note, delivering an annualized operating return on average common equity of 15.4%, which reflects our disciplined approach to underwriting and capital allocation,” said Arch CEO Nicolas Papadopoulo. “Our underwriting and cycle management expertise, supported by a strong balance sheet, continue to differentiate Arch and position us to generate best-in-class returns through the cycle.”