Reinsurer president adds CEO duties

Arch Reinsurance Co. has named Morristown, New Jersey-based Jerome Halgan CEO in addition to his current role as president.

Mr. Halgan will be responsible for the overall management of Morristown-based Arch Reinsurance Co., the company said Thursday in a statement.

“We are thrilled that due to the reinsurance group’s considerable bench strength, we were able to promote from within Arch. I am confident that Jerome is the right choice to lead Arch Reinsurance Co. in this challenging market,” Nicolas Papadopoulo, CEO of the reinsurance group of Hamilton, Bermuda-based Arch Capital Group Ltd., said in the statement.

A spokeswoman on Friday said the company had no further comment.