Arch Capital Group Ltd., a global provider of insurance, reinsurance and mortgage insurance, has expanded Maamoun Rajeh’s role as President to include oversight of its Insurance segment, in addition to the Reinsurance and Mortgage businesses he already leads, as the company adopts a single-President model.
Arch explained that David Gansberg is stepping down from his role as a President and departing the firm following a “distinguished tenure”.
Nicolas Papadopoulo, Arch Chief Executive Officer, and to whom Rajeh will report, commented, “Maamoun has been integral to Arch’s success since 2001 and brings a deep understanding of the Property and Casualty business.
“Under Maamoun, Arch Re has become a leading global reinsurance provider and, since assuming responsibility for the Mortgage group in 2024, he has demonstrated the curiosity and accountability that make him the right leader to guide our three business segments.
“His expanded role reflects our focus on clarity, accountability and alignment across our global underwriting operations. I look forward to continuing to work with him in the coming years.
“I also want to recognise the significant contributions David made to Arch’s success during his tenure. I wish him continued success in the future.”
Rajeh added, “I’m grateful for this opportunity to take on this expanded role and to continue to work closely with Nicolas, the rest of Arch’s leadership team and our Board of Directors.
“With our global platform, world-class talent and data-driven underwriting culture, Arch remains well-positioned for continued success. I’m energised and focused on enhancing our Insurance segment’s leadership position in the markets where we operate.”
