SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
May 5, 2000
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Date of Report (Date of earliest event reported)
Arch Capital Group Ltd.
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(Exact name of registrant as specified in its charter)
Delaware 0-26456 06-1424716
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(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation or
organization)
20 Horseneck Lane, Greenwich, Connecticut 06830
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(203) 862-4300
Not Applicable
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(Former name or former address, if changed since last report)
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ITEM 5. Other Events.
See press release attached as Exhibit 99.1.
ITEM 7. Financial Statements, Pro Forma Financial Information And Exhibits.
99.1. Press Release, dated May 5, 2000.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned.
ARCH CAPITAL GROUP LTD.
Date: May 5, 2000 By: /s/ Peter A. Appel
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Peter A. Appel
President and Chief Executive Officer
Contact: Robert Clements and Peter Appel
Risk Capital Holdings, Inc.
(203) 862-4300
RISK CAPITAL HOLDINGS, INC. CLOSES SALE OF REINSURANCE OPERATIONS AND
CHANGES NAME TO ARCH CAPITAL GROUP LTD.;
PETER A. APPEL BECOMES PRESIDENT AND CEO
GREENWICH, CONNECTICUT, MAY 5, 2000 - - Risk Capital Holdings, Inc.
[NASDAQ: RCHI] announced today that it has consummated the previously announced
sale of substantially all of the reinsurance operations of its wholly-owned
subsidiary, Risk Capital Reinsurance Company, to Folksamerica Reinsurance
Company. The Company also announced that its name is being changed to Arch
Capital Group Ltd. [NASDAQ: ACGL] and that Peter A. Appel has become President
and Chief Executive Officer, replacing Mark D. Mosca, who will continue as a
director.
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