HOME

TheInfoList



OR:

Arch Capital Group Ltd. (Arch Capital or ACGL) is a Bermuda exempted
public company A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...
which writes insurance, reinsurance and mortgage insurance on a worldwide basis, with a focus on specialty lines, the segment of the insurance industry where the more difficult and unusual risks are written. The company is headquartered in Bermuda and operates globally in 60 offices in North America, Europe, Asia and Australia .


History

The company was founded in May 2000 by Robert Clements and Peter A. Appel, with Appel as president and CEO. The company's predecessor entity, Risk Capital Holdings had previously sold substantially all of the reinsurance operations of Risk Capital Reinsurance Co., its wholly owned subsidiary, to Folksamerica Reinsurance Co., and the surviving vehicle was the entity used to form Arch Capital. Following the event of September 11, 2001, Arch Capital launched an underwriting initiative to address the global demand for insurance and reinsurance capacity. In October 2001, Paul Ingrey joined the company to oversee its reinsurance operations and in January 2002, Dinos Iordanou was hired to run the company's insurance business. In 2003, Iordanou succeeded Appel as Arch Capital's President and CEO, and, in 2018, Marc Grandisson, succeeded Iordanou and Arch Capital's current CEO, Nicolas Papadopoulo, succeeded Grandisson in 2024, upon his retirement. Arch Capital entered the mortgage insurance business in 2015 with the formation of Arch Mortgage Guaranty and, in August 2016, it bought United Guaranty,
AIG American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of 2023, AIG employed 25,200 people. The company operates through three core ...
's
mortgage insurance Mortgage insurance (also known as mortgage guarantee and home-loan insurance) is an insurance policy which compensates lenders or investors in mortgage-backed securities for losses due to the default of a mortgage loan. Mortgage insurance can be ...
unit, for US$3.4 billion, making the company the world's largest mortgage insurer. In 2022, Arch Capital was added to the Standard & Poor's (S&P) 500 Index, replacing Twitter (now X). As of 2025, Arch employs nearly 7,200 people worldwide.


Notable employees

* Meredith Whitney (born 1969), businesswoman


References


External links

* Financial services companies established in 1995 Insurance companies of Bermuda Companies listed on the Nasdaq {{finance-company-stub