Arch Capital (ACGL) Promotes Jerome Halgan and Michael Schmeiser to CEO Roles

Arch Capital Group Ltd. (NASDAQ:ACGL) is one of the 10 Most Undervalued NASDAQ Stocks to Buy Right Now. On June 17, Arch Capital announced the promotions of Jerome Halgan to CEO of Arch Global Reinsurance Group and Michael Schmeiser to CEO of Arch Global Mortgage Group. Both executives, who have held senior leadership roles within the company for several years, will continue to report to Arch President Maamoun Rajeh.

Halgan joined ​Arch Capital Group Ltd. (NASDAQ:ACGL) in 2009 and has served as President and Chief Underwriting Officer of Arch Reinsurance Group, while Schmeiser, a member of the team since 2017, previously led Arch U.S. Mortgage as President and CEO. Their appointments are intended to reinforce Arch’s existing underwriting culture and promote consistent execution across its global insurance and reinsurance platforms.

Arch Capital (ACGL) Promotes Jerome Halgan and Michael Schmeiser to CEO Roles

In their new roles, Halgan and Schmeiser will focus on deepening client relationships, applying disciplined underwriting standards, and managing market cycles effectively. By using their extensive experience, the company aims to continue delivering long-term value to its shareholders and providing specialized solutions to its global client base.

​Arch Capital Group Ltd. (NASDAQ:ACGL) is a Bermuda-based insurance and reinsurance company. It provides property, casualty, and mortgage insurance solutions worldwide. The firm operates through three main segments: Insurance, Reinsurance, and Mortgage, with a strong presence in the US, Europe, and Bermuda.

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