Arch Capital Promotes Halgan and Schmeiser to Lead Reinsurance and Mortgage Units

Event summary

  • Jerome Halgan promoted to CEO of Arch Global Reinsurance Group, effective June 17, 2026.
  • Michael Schmeiser appointed CEO of Arch Global Mortgage Group, effective June 17, 2026.
  • Both executives will continue to report to Arch President Maamoun Rajeh.
  • Halgan joined Arch in 2009, Schmeiser in 2017.
  • Arch Capital Group Ltd. has approximately $26.9 billion in capital as of March 31, 2026.

The big picture

Arch Capital's promotions reflect a strategic emphasis on internal talent development and disciplined underwriting. The moves come amid broader industry trends of consolidation and heightened focus on risk management. With $26.9 billion in capital, Arch is positioning itself to capitalize on long-term value creation in both reinsurance and mortgage insurance sectors.

What we're watching

Leadership Continuity
How Halgan and Schmeiser will leverage their deep underwriting experience to maintain Arch's disciplined capital deployment strategy.
Market Cycle Management
Whether the new leadership can sustain Arch's outperformance through varying market cycles.
Global Expansion
The pace at which Schmeiser integrates U.S. mortgage operations with Arch's other global mortgage businesses.

Related topics

Insurance