Arch Insurance Bermuda president to retire

North America

Arch Insurance Bermuda has announced that Terry L. Pimentel will succeed James J Ansaldi as president from January 1, 2008. Mr Ansaldi will be retiring from the firm after a 28-year career, the last five years of which were spent at Arch. Mr Pimentel joined Arch Insurance Bermuda in 2002 and was most recently senior vice president of excess casualty. Prior to joining Arch, Mr Pimentel worked for AIG in Bermuda.