Arch Capital Group Ltd. Thanks John Vollaro for 24 Years of Service
The Senior Advisor will not stand for reelection to the Company’s Board of Directors
PEMBROKE,
“On behalf of the entire Board, we thank John for his many years of dedicated service and leadership,” said
Vollaro has served on Arch’s Board since 2009. From 2002 to 2009 he was Chief Financial Officer, Treasurer and Executive Vice President of Arch — helping steer the Company from startup to a highly-regarded global specialty (re)insurer.
“I have always appreciated John’s thoughtful guidance and seasoned insights,” said
“After more than 20 years at Arch, the time has come for me to step away,” said Vollaro. “Arch is an amazing success story, and it has been both an honor and a privilege to be part of it. I’m excited for what’s ahead for Arch.”
About
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
Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or “continue” or their negative or variations or similar terminology. Forward-looking statements involve the Company’s current assessment of risks and uncertainties. Actual events and results may differ materially from those expressed or implied in these statements. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements includes the following: adverse general economic and market conditions; increased competition; pricing and policy term trends; fluctuations in the actions of rating agencies and the Company’s ability to maintain and improve its ratings; investment performance; the loss of key personnel; the adequacy of the Company’s loss reserves, severity and/or frequency of losses, greater than expected loss ratios and adverse development on claim and/or claim expense liabilities; greater frequency or severity of unpredictable natural and man-made catastrophic events, including the effect of contagious diseases on our business; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in
The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other cautionary statements that are included herein or elsewhere. All subsequent written and oral forward-looking statements attributable to us or persons acting on the Company’s behalf are expressly qualified in their entirety by these cautionary statements. The Company’s forward-looking statements speak only as of the date of this press release or as of the date they are made, and 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.
Source:
arch-corporate
View source version on businesswire.com: https://www.businesswire.com/news/home/20260122618959/en/
Media:
Source: