Arch Capital Group Ltd. (NASDAQ: ACGL) has promoted Jerome Halgan to CEO of Arch Global Reinsurance Group and Michael Schmeiser to CEO of Arch Global Mortgage Group, according to a company statement.

Both executives will continue to report to Arch President Maamoun Rajeh. Rajeh recently had his role as president expanded, a transition the company said preceded these appointments.

Halgan joined Arch in 2009 and has served as President and Chief Underwriting Officer of Arch Reinsurance Group since 2024, and as CEO of Arch Re Bermuda since 2018. Schmeiser joined the company in 2017 and has served as President and CEO of Arch U.S. Mortgage since 2019.

Arch Insurance North America CEO Matt Shulman and Arch Insurance International CEO Hugh Sturgess will continue to report to Rajeh.

Arch Capital, headquartered in Pembroke, Bermuda, reported approximately $26.9 billion in capital as of March 31, 2026, and is a component of the S&P 500 Index.