Arch Capital Group has promoted Jerome Halgan to CEO of Arch Global Reinsurance Group and Michael Schmeiser to CEO of Arch Global Mortgage Group. Both executives have held senior leadership roles within the company for several years and will continue to report to Arch President Maamoun Rajeh. Halgan joined Arch Capital in 2009 and previously served as President and Chief Underwriting Officer of Arch Reinsurance Group, while Schmeiser, with the company since 2017, previously led Arch U.S. Mortgage as President and CEO. The appointments aim to reinforce Arch's underwriting culture and promote consistent execution across its global insurance and reinsurance platforms.
Arch Capital Group Ltd.Promotion of experienced internal executives to CEO roles reinforces underwriting culture and execution, positive for leadership stability.