MORRISTOWN, N.J.–(BUSINESS WIRE)–Arch Reinsurance Company today announced Jonathan Schriber will join the company as President effective Aug. 1, 2023. Schriber will be based in the company’s Morristown, New Jersey, office and will have responsibility for Arch’s U.S.-based reinsurance operation’s underwriting portfolio and oversight of the entity’s overall strategy.
Schriber joins Arch from Partner Re where he most recently served as Chief Underwriting Officer, P&C Americas. He has nearly 30 years of experience in the reinsurance industry, including senior roles at W.R. Berkley Corporation, ACE USA and General Reinsurance Corporation.
Peder Moeller, who had served as Arch Re Co.’s CEO, will be returning to Europe by year-end in a senior role to help advance Arch Re Europe’s strategic efforts.
“I am thrilled to welcome Jon to Arch Re. He has a wealth of industry experience and a demonstrated ability to deliver results,” said Maamoun Rajeh, Chairman and CEO of Arch Worldwide Reinsurance Group. “He is well-regarded as a leader, has excellent underwriting acumen and a keen sense for cycle management. I’m looking forward to Arch Re Co.’s continued success under his direction.”
Rajeh added, “I want to thank Peder Moeller for leading Arch Re Co. for the last several years and the work he did shaping our overall U.S. operations. I am happy he will finally be reuniting with his family in Denmark and am excited for our European team to benefit from his leadership and drive.”
“I’m honored to take the role of President of Arch Re Co.,” Schriber said. “I’ve always held Arch in high regard and have been very impressed with the trajectory of the company. I look forward to working with my new colleagues as we focus on continuing to be the first call for our clients and building on the success of the business for many years to come.”
About Arch Reinsurance Company
Arch Reinsurance Company, part of Arch Capital Group Ltd., is a leader in the specialty property and casualty reinsurance marketplace. As underwriters of specialty casualty reinsurance, including some of today’s most distressed lines of business, Arch Reinsurance Company brings substantial, highly rated reinsurance capacity to key market niches.
About Arch Capital Group Ltd.
Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed Bermuda exempted company with approximately $16.7 billion in capital at March 31, 2023. Arch, which is part of the S&P 500 Index, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries.
