Lyons Named as President, COO of Arch U.S. Operations

June 7, 2006

Arch Capital Group Ltd. has promoted Mark Lyons to president and chief operating officer of Arch Insurance Group (U.S.), effective immediately. In his new role, Lyons will assume responsibility for each of the underwriting units of Arch’s U.S.-based insurance operations and will continue to report to Ralph Jones, chairman and CEO of Arch Worldwide Insurance Group.

Lyons, age 49, joined Arch Insurance Group in August 2002 as senior vice president and chief actuary and was promoted in 2003 to the position of executive vice president of Group Operations and chief actuary. Prior to joining Arch, he served as executive vice president of Product Services at Zurich U.S and vice president and actuary at Berkshire Hathaway Insurance Group. Lyons is an associate of the Casualty Actuarial Society and a member of the American Academy of Actuaries.

Source: Arch Capital Group Ltd.

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