Constantine Iordanou to Join Arch Capital

December 12, 2001

Bermuda-based Arch Capital Group announced that Constantine “Dinos” Iordanou will join the company as President of Arch Worldwide Insurance and Reinsurance Group, and will become a member of its Board of Directors.

Iordanou, abruptly resigned from his recently created position as COO of Zurich Financial Services just two days ago (See IJ Website Dec. 11). He previously headed Zurich North America after holding executive positions with Berkshire Hathaway and American International Group.

Arch’s newly formed reinsurance unit is headed by Paul Ingrey, and adding Iordanou to the management team strengthens an already experienced organization. Group Chairman Bob Clements said in the announcement that, “From the beginning, we envisioned Arch as a long-term player capable of taking its place in the vanguard of the world’s insurers. Throughout his career, Dinos has been a builder of businesses, and I think of him as a perfect match with both our current management team and our long-term ambitions for Arch.”

Iordanou said he was looking forward to the new opportunity of building “an insurance operation on a clean balance sheet in a very good market.”|”constantine, iordanou, join, arch, capital

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