Arch Capital's McElroy gives up management roles

Arch Capital's Nicolas Papadopoulo will replace David
McElroy as chairman and CEO of Arch Worldwide Insurance Group and
chief underwriting officer for property & casualty operations
on 1 October after McElroy opted to reduce his duties with the
company.
Maamoun Rajeh, president and CEO of Arch Reinsurance Limited, or
Arch Re (Bermuda), replaces Papadopoulo as Chairman and CEO of Arch
Worldwide Reinsurance Group, the Bermuda-based carrier said.
McElroy, who remains with the company in his rol