Business
Arch Capital Group Ltd. Honors the Life and Legacy of Former CEO Dinos Iordanou
Arch hosted family, friends and colleagues for memorial event in New York City PEMBROKE, Bermuda--(BUSINESS WIRE)-- Arch Capital Group Ltd. (“Arch” or “the
About this update from Arch Capital Group Ltd.
[{"type":"text","content":"\nArch hosted family, friends and colleagues for memorial event in New York City\n\n PEMBROKE, Bermuda--(BUSINESS WIRE)--\nArch Capital Group Ltd. (“Arch” or “the Company”) today announced it held a private memorial event to honor and celebrate the life of former CEO Dinos Iordanou on Oct. 14 in New York City.\n\nAttended by family members, close friends and long-time colleagues, the event paid tribute to Iordanou’s lasting contributions to Arch and the insurance industry at large.\n\n“Dinos was full of life, always generous and an inspirational role model,” said Nicolas Papadopoulo, CEO, President and Chief Underwriting Officer of Arch Capital Group Ltd. “We were honored to help celebrate the impact he had on Arch and the insurance industry as a whole. I know he was very proud of Arch, and his legacy is part of our company’s story.”\n\nDuring his life, Mr. Iordanou was a passionate advocate for children’s rights, so in his memory, Arch donated $50,000 to the Cyprus Children’s Fund.\n\n“It was so special for us to hear from individuals who have worked with [Dinos] over the years,” Dinos’ daughter Danielle Iordanou said. “Arch and his colleagues held a very special place in [Dinos’] heart, and we know he would have been deeply moved to see everyone reunited.”\n\nMr. Iordanou was part of the leadership team that founded Arch in 2001, and he held the position of President and CEO of Arch Capital Group from 2003-2018. During his tenure, he grew Arch’s footprint significantly and helped lay the critical groundwork that enabled Arch’s ascent to its current status as a market-leading insurer. Iordanou was highly regarded throughout the industry, and he was recognized as the 2017 Insurance Leader of the Year by St. John’s University’s School of Risk Management.\n\nAbout Arch Capital Group Ltd.\n\nArch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed Bermuda exempted company with approximately $23.4 billion in capital at June 30, 2024. 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.\n\nCautionary Note Regarding Forward-Looking Statements\n\nThe 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 o...