BNET Industries

Arch Capital Group Ltd.

ACGL is in the Financial Services Industry

Market Cap:$4.1B
Last Fiscal Year Sales:$2.9B
  • Public
  • BM
Dow Jones Description

Arch Capital Group Ltd. ("ACGL" and, together with its subsidiaries, the "Company," "we," or "us") is a Bermuda public limited liability company with over $3.8 billion in capital at December 31, 2008 and, through operations in Bermuda, the United States, Europe and Canada, writes insurance and reinsurance on a worldwide basis. While we are positioned to provide a full range of property and casualty insurance and reinsurance lines, we focus on writing specialty lines of insurance and reinsurance. We launched an underwriting initiative in October 2001 to meet current and future demand in the global insurance and reinsurance markets. Since that time, we have attracted a proven management team with extensive industry experience and enhanced our existing global underwriting platform for our insurance and reinsurance businesses. It is our belief that our underwriting platform, our experienced management team and our strong capital base that is unencumbered by significant pre-2002 risks have enabled us to establish a strong presence in the insurance and reinsurance markets. For 2008, our seventh full year of operation, we wrote $2.8 billion of net premiums, reported net income available to common shareholders of $265.1 million and earned a return on average equity of 7.8%. Diluted book value per share was $51.36 at December 31, 2008, compared to $55.12 per share at December 31, 2007.

Chairman and Chief Executive Officer
John F. Rathgeber
Number of Employees 1,200
Contact Information

Victoria Hall 4th Fl 11 Victoria St

Hamilton

archcapgroup.co...

(441) 278 9275

NAICS Code Direct Property and Casualty Insurance Carriers: 524126

Recent Events

  • V.F.Corp, Plum Creek Timber Net Falls

    10/27/09 - Financial Announcement - View Story

  • Ratings: Syndicate 2003 Catlin, La Colonial, United, Arch, Ballantyne Re

    9/02/09 - Bond / Stock Rating - View Story

  • Arch Insurance Launches Two New Units

    6/15/09 - Mgmt. Change Entering - Other - View Story

News & Analysis

arch capital group ltd. - All News and Analysis

Decision Makers

Name (plus bio) Position
Nicolas Papadopoulo President, CEO, Arch Re
John D. Vollaro Cfo, Treasurer & Executive Vice President
John Hele Executive Vice President and Chief Financial Officer
W. Preston Hutchings President of Arch Investment Management Ltd. and Senior Vice President and Chief Investment Officer
Donald Watson Executive Vice President, Financial Services
William Palmer Executive Vice President, Central Reg, Arch Insurance Group
Michael Kmetzhas Senior Vice President, Arch Insurance Group
Steve Manahanhas Senior Vice President, Arch Insurance Group
Debbie Landes Reg Vice President & Technology Tisk
Debra M O'Connor
Jennifer Mangino
John D W Preston Hutchings
Louis T Petrillo Officer of Subsidiary
Mark C Gillen
Preston Hutchings
Robert Glanville
Tim Peckett General Counsel, Arch Reinsurance
William Hitter
Erik D. Ragatz Director
John Bunce Director
Kewsong Lee Director
Lee Kewsong Director

Board of Directors

Name (plus bio) Position
John F. Rathgeber Chairman and Chief Executive Officer
Marc Grandisson Reinsur. Group Chairman & CEO
Mark D. Lyons Chairman & CEO Arch Insur Gr
James J Meenaghan Chairman
Paul B. Ingrey Chairman
Constantine Iordanou Board of Directors
Graham B. Collis Board of Directors
Jeffrey Goldstein Board of Directors
John L. Bunce Board of Directors
John M. Pasquesi Board of Directors
Robert F. Works Board of Directors
Sean D. Carney Board of Directors
Wolfe Bill H. Bragin Board of Directors
Wolfe H. Bragin Board of Directors

Organization Position Status
Arch Reinsurance Ltd Chairman & CEO Current
Arch Capital Group Ltd. Chairman and Chief Executive Officer Current
American Academy of Actuaries Board of Directors Current
Casualty Actuarial Society Fellow Current
Arch Reinsurance Ltd Chief Operating Officer Former
Arch Reinsurance Ltd Managing Director Former
Williams College B.A. Former

Marc Grandisson is the Chairman and CEO of Arch Worldwide Reinsurance Group. Joined Arch Reinsurance in October 2001 as part of the new underwriting initiative of Arch Capital. Marc began his career in 1990 as an actuarial assistant with Tillinghast/Towers Perrin, first in Bermuda, subsequently transferring two years later to their Atlanta, GA office. In July 1994, he took up the position of Vice President at F&G Re, Inc. where he was responsible for non-traditional underwriting. He joined the Berkshire Hathaway Group in March 1999 where he served as a Vice President & Actuary until joining Arch Re in October 2001. Marc held the position of Chief Underwriting Officer and Actuary at Arch Re until his promotion to President and Chief Operating Officer in April 2004. Effective March 2005, and in keeping with the corporate structure at Arch, Mr. Grandisson's title changed to President & CEO. Marc was promoted to his current position in November 2005. Mr. Grandisson holds a B.Sc. in Actuarial Science from the University Laval in Canada and an M.B.A. from The Wharton School of the University of Pennsylvania. Since 1993, he has been a Member of the American Academy of Actuaries and in 1995 became a Fellow of the Casualty Actuarial Society.

Organization Position Status
Arch Capital Group Ltd. Reinsur. Group Chairman & CEO Current
Casualty Actuarial Society Associate Current
American Academy of Actuaries Board of Directors Current
Arch Capital Group Ltd. Board of Directors Current
Casualty Actuarial Society Fellow Current
American Academy of Actuaries Member Current
Tillinghast-Towers Perrin Assistant Former
Wharton Graduate School of the University of Pennsylvania M.B.A. Degree Former
School of the University of Pennsylvania M.B.A. Former
University Corp. B.Sc. In Actuarial Science Former

Organization Position Status
Arch Capital Group Ltd. Chairman & CEO Arch Insur Gr Current
Arch Capital Group Ltd. President, COO, Insurance Group Current
Arch Insurance Group, Inc. Chairman & CEO Former
Casualty Actuarial Society Associate Current
Arch Capital Group Ltd. Board of Directors Current
American Academy of Actuaries Board of Directors Current
Arch Insurance Group, Inc. President & COO Former
Arch Insurance Group, Inc. Executive Vice President of Group Operations Former
Arch Insurance Group, Inc. Senior Vice President of Group Operations Former
Elizabethtown College B.S. In Mathematics Former

Organization Position Status
Arch Capital Group Ltd. President, CEO, Arch Re Current
Bermuda Container Line Ltd. Current
International Actuarial Association Board of Directors Current
International Actuarial Association Member Current
Arch Capital Group Ltd. Chief Underwriting Officer, Arch Reinsurance Former

Organization Position Status
Arch Capital Group Ltd. Cfo, Treasurer & Executive Vice President Current
Arch Capital Group Ltd. Senior Advisor Current
Signet Star Holdings, Inc. Chief Executive Officer Former
W.R. Berkley Corporation president Former
W.R. Berkley Corporation chief financial officer Former
W.R. Berkley Corporation Executive Vice President Former
W.R. Berkley Corporation senior vice president Former
W.R. Berkley Corporation Treasurer Former
Arch Capital Group Ltd. Board of Directors Former
Long Island University B.S. degree Former

Organization Position Status
Arch Capital Group Ltd. Executive Vice President and Chief Financial Officer Current
American Academy of Actuaries Board of Directors Current
Capmar Chief Financial Officer Former
ING Groep N.V. Chief Financial Officer Former
Arch Capital Group Ltd. Treasurer Former
University of Waterloo Bachelor's Degree In Mathematics Former

W. Preston Hutchings is President of Arch Investment Management Ltd. and Senior Vice President and Chief Investment Officer of ACGL. Prior to joining ACGL, Mr. Hutchings was Senior Vice President and Chief Investment Officer of RenaissanceRe Holdings Ltd. Previously, he was Senior Vice President and Chief Investment Officer of Mid Ocean Reinsurance Company Ltd. until its acquisition by XL Capital in 1998. Mr. Hutchings began his career as a fixed income trader at J.P. Morgan & Co., working for the firm in New York, London and Tokyo. He graduated in 1978 with a B.A. from Hamilton College in Clinton, New York, and received in 1981 an M.A. in Jurisprudence from Oxford University, where he studied as a Rhodes Scholar.

Organization Position Status
Arch Capital Group Ltd. President of Arch Investment Management Ltd. and Senior Vice President and Chief Investment Officer Current
RenaissanceRe Holdings Ltd. Chief Investment Officer Former
RenaissanceRe Holdings Ltd. Senior Vice President Former

Organization Position Status
Arch Capital Group Ltd. Executive Vice President, Financial Services Current
ACE Limited Vice President of Enterprise Risk Former
Irving Trust Company Former
Marine Midland Bank Former
Duke University M.B.A. Former

Organization Position Status
Arch Capital Group Ltd. Executive Vice President, Central Reg, Arch Insurance Group Current

Organization Position Status
Arch Capital Group Ltd. Senior Vice President, Arch Insurance Group Current

Organization Position Status
Arch Capital Group Ltd. Senior Vice President, Arch Insurance Group Current

Organization Position Status
Arch Capital Group Ltd. Reg Vice President & Technology Tisk Current

Organization Position Status
Arch Capital Group Ltd. Current
PricewaterhouseCoopers Former
Manhattan College B.S. degree Former

Organization Position Status
Arch Capital Group Ltd. Current

Organization Position Status
Arch Capital Group Ltd. Current

Organization Position Status
Arch Capital Services Inc. President Current
Arch Capital Services Inc. General Counsel Current
Arch Capital Group Ltd. Officer of Subsidiary Current
Arch Capital Group Ltd. Senior Vice President Former
Willkie Farr & Gallagher Llp Former
Arch Capital Group Ltd. Secretary Former
Columbia University law degree Former
Tufts University B.A. Degree Former
Columbia University Degree Former

Organization Position Status
Arch Capital Group Ltd. Current
Optimum RE Corporation Former

Organization Position Status
Arch Capital Group Ltd. Current
RenaissanceRe Holdings Ltd. Chief Investment Officer Former
RenaissanceRe Holdings Ltd. Senior Vice President Former
University of Oxford M.A. in Jurisprudence Former

Organization Position Status
Arch Capital Group Ltd. Current
Warburg Pincus, LLC Vice President Former
Morgan Stanley associate Former
Princeton University BA Former

Organization Position Status
Arch Capital Group Ltd. General Counsel, Arch Reinsurance Current

Organization Position Status
Arch Capital Group Ltd. Current
Ernst & Young Principal Former
The State University of New York B.S. degree Former

James J. Meenaghan has been a director of the Company since October 2001. From October 1986 until his retirement in 1992, Mr. Meenaghan was chairman, president and chief executive officer of Home Insurance Companies. He also served as president and chief executive officer of John F. Sullivan Co. from 1983 to 1986. Prior thereto, Mr. Meenaghan held various positions over 20 years with the Fireman's Fund Insurance Company, including president and chief operating officer and vice chairman of its parent company, American Express Insurance Services Inc. He holds a B.S. degree from Fordham University.

Organization Position Status
Arch Capital Group Ltd. Chairman Current
Arch Capital Group Ltd. Board of Directors Current
Johnfsullivan.Com Chief Executive Officer Former
Johnfsullivan.Com President Former
Fordham University B.S. Degree Former

Organization Position Status
Arch Capital Group Ltd. Chairman Current
Arch Capital Group Ltd. Vice Chairman Current
Arch Capital Group Ltd. Board of Directors Current
Arch Reinsurance Ltd Chief Executive Officer Former
Fairfax Financial Holdings Ltd. Director Former
Colgate University B.A. Degree Former

Organization Position Status
Arch Capital Group Ltd. Board of Directors Current
Zurich North America CEO Former
Arch Capital Group Ltd. President & CEO Former
Zurich Financial Services senior executive vice president of group operations and business Former
American International Group, Inc. member Former
New York University engineering degree Former

Organization Position Status
Hellman & Friedman LLC Director Current
NRG Texas, LLC Director Current
Arch Capital Group Ltd. Director Current
Bain Capital, LLC NA Former
Bain & Company management consultant Former
Stanford Graduate School of Business graduate Former
Stanford University graduate Former

Organization Position Status
Arch Capital Group Ltd. Board of Directors Current

Organization Position Status
Arch Capital Group Ltd. Board of Directors Current

Organization Position Status
Hellman & Friedman LLC Managing Director Current
Arch Capital Group Ltd. Director Current
TA Associates, Inc. Vice President Former
Lehman Brothers, Kuhn, Loeb Inc. Mergers & Acquisitions and Corporate Finance Former
Western Wireless Corporation Director Former
VoiceStream Wireless Corporation Director Former
Eller Media, Inc. Director Former
Young & Rubicam Inc. Director Former
Arch Capital Group Ltd. Investor Former
Eller Media, Inc. Investor Former
Western Wireless Corporation Investor Former
Stanford University graduate Former
Harvard Business School graduate Former

Organization Position Status
Greyhawk Capital Management Managing Director Current
Hellman & Friedman LLC Managing Director Current
Greyhawk Capital Management Founder Current
Western Wireless Corporation Director Current
Nic, Inc. Board of Directors Current
Arch Capital Group Ltd. Board of Directors Current
TA Associates, Inc. vice president Former
Young & Rubicam Inc. Director Former
Eller Media, Inc. Director Former
VoiceStream Wireless Corporation Director Former
Harvard Business School M.B.A. degree Former
Stanford University A.B. Degree Former

John Pasquesi is the founder of Otter Capital, which makes a variety of private equity investments. Prior to founding Otter Capital in 2001, Mr. Pasquesi was a Managing Director and member of the Executive Committee of Hellman & Friedman, a private equity investment firm. Prior to joining Hellman & Friedman in 1987, Mr. Pasquesi was associated with Golder, Thoma & Cressey, a Chicago based private equity firm. Mr. Pasquesi has an MBA from Stanford and serves as Vice Chairman and a Director of Arch Capital Group Limited and as a Director of a number of private companies.

Organization Position Status
Arena Solutions, Inc. Founder of Otter Capital Current
Sverica International Current
Arch Capital Group Ltd. Board of Directors Current
Arch Capital Group Ltd. Vice Chairman Current
Arena Solutions, Inc. Board of Directors Current
NOR1 Board of Directors Current
Otter Capital, LLC Founder Current
Golder, Thoma & Cressey Associate Former
Agraquest, Inc. Chair, Board of Directors Former
Stanford Graduate School of Business M.B.A. Degree Former
Stanford University MBA Former
Dartmouth College A.B. Degree Former
Stanford Graduate School of Business B.A. Degree Former
Otter Capital, LLC Managing Member Former
Hellman & Friedman LLC member Former

Organization Position Status
Warburg Pincus, LLC Managing Director Current
Select Sector Spdrs Managing Director at Warburg Pincus Current
MBIA Inc. Managing Director at Warburg Pincus Current
MBIA Inc. Board of Directors Current
Select Sector Spdrs Board of Directors Current
Arch Capital Group Ltd. Director Current
The Neiman Marcus Group, Inc. Board of Directors Current
Knoll, Inc. Board of Directors Current
Tradecard Inc. Board of Directors Current
Executive Management Group Board of Directors Current
Warburg Pincus, LLC Partner Former
The Goldman Sachs Group, Inc. Team Member Former
McKinsey & Company, Inc. Consultant Former
TransDigm Holding Co. Board of Directors Former
Harvard Business School M.B.A Former
Harvard Business School M.B.A. Former
Harvard College A.B. Former

Kewsong Lee has served as a director since February 1996. Mr. Lee is a managing director of Warburg Pincus LLC, where he has been employed since 1992. Mr. Lee is a director of Arch Capital Group Ltd., The Neiman Marcus Group, Inc., TransDigm Holding Company, TransDigm Inc. and several private companies.

Organization Position Status
Arch Capital Group Ltd. Director Current
Knoll, Inc. Director Current

Organization Position Status
Arch Capital Group Ltd. Board of Directors Current
Metropolitan Transportation Authority Former
College of William & Mary B.A. degree Former

Organization Position Status
Warburg Pincus, LLC Managing Director, Financial Services, Healthcare & Medical Devices Current
International Finance Facility for Immunisation Current
Arch Capital Group Ltd. Board of Directors Current
DexCom, Inc. Board of Directors Current
Bausch & Lomb Incorporated Board of Directors Current
McKinsey & Company, Inc. Consultant Former
Velocimed, Inc. Board of Directors Former
Bacchus Vascular, Inc. Board of Directors Former
University of Chicago Jd Former
Harvard Business School M.B.A. Former
Harvard College A.B. In Economics Former
Harvard College Degree In Economics Former

Organization Position Status
Arch Capital Group Ltd. Board of Directors Current

Organization Position Status
Arch Capital Group Ltd. Board of Directors Current
University of Connecticut B.S. degree Former

Executive News

  • Arch Capital Group Ltd. to Present at Barclays Capital Global Financial Services Conference

    Business Wire - 9/03/09 - View Story

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ACGL $69.71 +0.21 (0.3% )
Volume 215,072
Shares Outstanding 59.2M
Market Cap 4.1B
Year High 71.070
Year Low 44.68
Earnings Per Share 6.68
P/E Ratio 10.4356
Dividend 0.00
Yield 0.00
IndustryTop Rated

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