Arch Insurance Group



April 27, 2005 14:14 ET

Arch Insurance Group Enters Canadian Insurance Marketplace: Opening Arch Canada


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ARCH INSURANCE GROUP

APRIL 27, 2005 - 14:14 ET

Arch Insurance Group Enters Canadian Insurance
Marketplace: Opening Arch Canada

TORONTO--(CCNMatthews - Apr 27, 2005) -

Arch Insurance Group, a division of Arch Capital Group Ltd., announced,
at this year's Risk and Insurance Management Society, Inc. conference in
Philadelphia, its entrance into the Canadian insurance marketplace.

Heading the new operation is Sheldon Rankin, former Chairman and CEO of
Marsh Canada. In his new role, Mr. Rankin will serve as Chief Agent and
CEO of Arch (Canada). "We are very pleased to bring much needed high
quality capital into the Canadian marketplace. We plan to develop risk
solutions to meet the unique and changing needs of our Canadian
customers and producers," said Mr. Rankin.

Arch (Canada) is headquartered in downtown Toronto with offices located
at 95 Wellington Street West in the Toronto-Dominion Centre. Beginning
with a staff of 12, our initial product offerings will focus on:

-- Casualty

-- Executive Assurance with a focus on Directors & Officers Liability

-- Global Property & Technical Risks

-- Railroad Liability

Main product contacts include:

Casualty

Jennifer Devereaux, Regional Vice President

Executive Assurance

Peter Talacek, Regional Vice President

Global Property & Technical Risks

Henry Ulozas, Regional Vice President

Arch (Canada) intends to offer additional products to meet niche market
areas as it begins to grow and expand its operation across Canada.

Arch (Canada) is a branch of Arch Insurance Company, a member of Arch
Insurance Group. Arch Insurance Group is a division of Arch Capital
Group Ltd., a Bermuda-based company that provides insurance and
reinsurance on a worldwide basis through its wholly owned subsidiaries.
Arch Insurance Group's principal insurance subsidiaries - Arch Insurance
Company, Arch Specialty Insurance Company and Arch Excess & Surplus
Insurance Company - are rated A- (Excellent) by A.M. Best. For more
information, visit www.archinsurance.com.

Cautionary Note Regarding Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements. This release or any other
written or oral statements made by or on behalf of Arch Capital Group
Ltd. and its subsidiaries (collectively, the "Company") may include
forward-looking statements which reflect the Company's current views
with respect to future events and financial performance. Forward-looking
statements involve the Company's current assessment of risks and
uncertainties, which may cause actual events and results and prospects
to differ materially from those expressed or implied in these
statements. Certain information regarding such risks and uncertainties
is set forth in the Company's filings with the Securities and Exchange
Commission. The Company undertakes no obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Arch Insurance Group
    Media Relations:
    Andrea Forman-Grinbaum, 646-563-5726