Over the first-half of 2026, Bermuda headquartered re/insurer Arch Capital reported a 27% reduction in net property catastrophe reinsurance premiums, while its senior executives noted higher cessions to reinsurance (likely retro) and third-party capital providers. For the first-half of 2026, property catastrophe net premiums as a component of the Arch Re underwriting book fell from making up 22% of its total net premiums written in H1 2025 to just 17.4% in H1 2026. Net property cat premiums amounted to $699 million in the first-half of this year, 27% lower than the $961 million Arch Re underwrote in H1 2025. In the second-quarter, Arch Re’s net property cat premiums were $392 million, a 19% decrease from Q2 2025’s $484 million. In recent months we’ve had more evidence of Arch’s continuing third-party capital partnership initiatives, as well as its appetite for retrocession.