Arch Capital has announced a string of promotions of senior executives within its Worldwide Reinsurance Group management.
Arch Reinsurance Company President and Chief Executive Officer in the U.S. Jerome Halgan has been promoted to the role of Chief Executive Officer of Arch Reinsurance in Bermuda.
Matt Dragonetti, currently Head of Property at Arch Reinsurance, will take on the additional role of President, and Michelle Seymour-Smith will assume the role of Chief Operating Officer while maintaining her responsibilities as Chief Financial Officer.
In the U.S., Ken Vivian has been promoted to the newly created role of Chief Executive Officer of Arch Re North America, which he will assume while maintaining his current role as Chief Executive Officer of Arch Re Facultative Underwriters.
Peder Moller will return to Arch Reinsurance Company to serve as Chief Underwriting Officer.
Pierre Jal, the Chief Underwriting Officer of Arch Reinsurance Europe Underwriting dac, will relocate to Bermuda to join Arch Reinsurance as the Global Chief Underwriting Officer.
Maamoun Rajeh, the Chairman and Chief Executive Officer of Arch Worldwide Reinsurance, commented on the appointments; “My sincere congratulations to Jerome, Matt, Michelle, Ken, Peder and Pierre.
“In their hands, our reinsurance companies will no doubt live up to our aspirations to continuously expand the possible for our clients and brokers.
“We at Arch could not be more thrilled that these promotions are internal. We are fortunate to have such depth of talent within our team. We will begin to implement these changes early next year as we maintain our focus on the upcoming renewal season in the fourth quarter.”
The proposed changes are subject to all necessary regulatory approvals.
