Andrew Rippert, CEO of Global Mortgage Group at Arch Capital Group Ltd. Named to Mortgage Banking Association Board of Directors

Arch MI announced that Andrew Rippert, Chief Executive Officer of the Global Mortgage Group for Arch Capital Group Ltd. (Arch), was named to the board of directors for the Mortgage Bankers Association (MBA). Mr. Rippert, who also serves on the board of directors for the MBA’s Opens Doors Foundation, was officially installed on Sunday, October 22, at the Mortgage Bankers Association’s Annual Convention & Expo in Denver, Colorado.

“Over the past several years, the MBA has strengthened its position as an integral part of America’s housing finance system,” said Mr. Rippert. “I’m honored to join such an esteemed group of industry leaders and look forward to representing our employees, customers and the mortgage insurance industry on the board.”

Mr. Rippert, who has been in his current position since January 2014, is responsible for the Global Mortgage Group at Arch, which includes a network of operations that provides mortgage insurance and reinsurance around the world. Recently, Mr. Rippert has overseen Arch MI’s transformation from a new entrant in the U.S. Mortgage Insurance market in 2014 to the industry leader, primarily through the 2017 acquisition of mortgage insurer United Guaranty Corporation from American International Group, Inc. Mr. Rippert’s leadership was also instrumental in the development of reinsurance execution for GSE credit risk transfer transactions under Freddie Mac’s Agency Credit Insurance Structure (ACIS) transactions.

“Andrew is a thought leader and keen student of the mortgage industry,” said Marc Grandisson, President and Chief Operating Officer of Arch. “I’m pleased that Arch will be well-represented in the discussions that will help determine the role of mortgage insurance in housing finance.”

In addition to his positions with the MBA and Opens Doors Foundation, Mr. Rippert is a member of the Executive Committee of the Housing Policy Council and a voting member of the MBA’s Residential Board of Governors.

About Arch MI

Arch Capital Group Ltd.’s U.S. mortgage insurance operation, Arch MI, is a leading provider of private insurance covering mortgage credit risk. Headquartered in Greensboro, NC, Arch MI's mission is to protect lenders against credit risk, while extending the possibility of responsible homeownership to qualified borrowers. Arch MI’s flagship mortgage insurer, Arch Mortgage Insurance Company, is licensed to write mortgage insurance in all 50 states, the District of Columbia, and Puerto Rico. For more information, please visit archmi.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 may include forward−looking statements, which reflect our current views with respect to future events and financial performance. All statements other than statements of historical fact included in or incorporated by reference in this release are forward−looking statements.

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 our 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 our ability to maintain and improve our ratings; investment performance; the loss of key personnel; the adequacy of our 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; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; our ability to successfully integrate, establish and maintain operating procedures as well as integrate the businesses we have acquired or may acquire into the existing operations; changes in accounting principles or policies; material differences between actual and expected assessments for guaranty funds and mandatory pooling arrangements; availability and cost to us of reinsurance to manage our gross and net exposures; the failure of others to meet their obligations to us; and other factors identified in our filings with the U.S. Securities and Exchange Commission.

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 our behalf are expressly qualified in their entirety by these cautionary statements. We undertake 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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