[Exhibit 99.1]
ARCH CAPITAL GROUP LTD.
PROXY CARD FOR ANNUAL MEETING OF STOCKHOLDERS ON NOVEMBER 6, 2000
This proxy is solicited by the board of directors of Arch Capital Group Ltd.
(the "Company"). The undersigned hereby appoints Robert Clements, Peter A. Appel
and Louis T. Petrillo as proxies, each with full power of substitution, to
represent the undersigned and to vote all shares of common stock of the Company
held of record by the undersigned on September 25, 2000, or which the
undersigned would otherwise be entitled to vote at the annual meeting to be held
on November 6, 2000 and any adjournment thereof, upon all matters that may
properly come before the annual meeting. All shares votable by the undersigned
will be voted by the proxies named above in the manner specified on the reverse
side of this card, and such proxies are authorized to vote in their discretion
on such other matters as may properly come before the annual meeting.
PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN THE
ENCLOSED ENVELOPE. Please sign this proxy exactly as your name(s) appear(s) on
the books of the Company. Joint owners should each sign personally. Trustees and
other fiduciaries should indicate the capacity in which they sign, and where
more than one name appears, a majority must sign. If a corporation, this
signature should be that of an authorized officer who should state his or her
title.
HAS YOUR ADDRESS CHANGED?
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PLEASE MARK VOTES AS IN THIS EXAMPLE |X|
ARCH CAPITAL GROUP LTD.
This proxy, when properly executed, will be voted in the manner directed herein
by the undersigned stockholder(s). If no direction is made, this proxy will be
voted FOR the proposals set forth on the reverse of this card.
The undersigned hereby acknowledges receipt of the proxy statement/prospectus
and the Company's Annual Report on Form 10-K for the fiscal year ended December
31, 1999 and the amendment thereto, and hereby revokes all previously granted
proxies.
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RECORD DATE SHARES:
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Proposals by the Company: FOR AGAINST ABSTAIN
1. To approve and adopt the agreement and plan of merger, |_| |_| |_|
dated as of September 25, 2000, among Arch Capital
Group Ltd., a Delaware corporation ("Arch Capital
Group-Delaware"), Arch Capital Group Ltd., a Bermuda
company ("Arch Capital Group-Bermuda"), and Arch
Merger Corp., pursuant to which Arch Capital
Group-Bermuda will become the parent holding company
of Arch Capital Group-Delaware, and to approve the
transactions contemplated thereby.
2. To elect the following nominees as Class II Directors
of the company for a term of three years:
Peter A. Appel |_| |_| |_|
Lewis L Glucksman |_| |_| |_|
Ian R. Heap |_| |_| |_|
3. To ratify the selection of PricewaterhouseCoopers LLP |_| |_| |_|
as the company's independent accountants for the
fiscal year ending December 31, 2000.
Please be sure to sign and date this proxy: Date , 2000
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Stockholder sign here Co-owner sign here
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Mark box at right if an address change or comment has been noted on the
reverse side of this card. |_|
..........................DETACH CARD......................... ..........................DETACH CARD......................
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ARCH CAPITAL GROUP LTD.
Dear stockholder,
Please take note of the important information enclosed with this proxy. The
proposals to reorganize the company as a Bermuda company, elect directors and
select our independent accountants require your immediate attention and
approval. This proposal is discussed in detail in the enclosed proxy materials.
Your vote counts, and you are strongly encouraged to exercise your right to
vote your shares.
Please mark the boxes on this proxy card to indicate how your shares will
be voted. Then sign the card, detach it and return your proxy vote in the
enclosed postage paid envelope.
Your vote must be received prior to the annual meeting on November 6, 2000.
Thank you in advance for your prompt consideration of these matters.
Sincerely,
[SIGNATURE LOGO]
LOUIS T. PETRILLO
Senior Vice President,
General Counsel and Secretary
