Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
IORDANOU CONSTANTINE
   2. Issuer Name and Ticker or Trading Symbol
ARCH CAPITAL GROUP LTD. [ACGL] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman, President & CEO
(Last)
(First)
(Middle)
WATERLOO HOUSE, GROUND FLOOR, 100 PITTS BAY ROAD		 3. Date of Earliest Transaction (Month/Day/Year)
11/08/2013
(Street)

PEMBROKE, D0 HM 08		 4. If Amendment, Date Original Filed(Month/Day/Year)
11/12/2013		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Shares, $.0033 par value per share 09/12/2013   G(1) V 100 D $ 0 455,555 D  
Common Shares, $.0033 par value per share 11/08/2013   S(5)   15,000 D $ 58.3307 (2) 440,555 D  
Common Shares, $.0033 par value per share               83,333 I By Limited Liability Company
Common Shares, $.0033 par value per share               116,613 I By Limited Liability Company
Common Shares, $.0033 par value per share               11,616 I By child
Series C Non-Cumulative Preferred Shares (non-convertible)               6,000 D  
Series C Non-Cumulative Preferred Shares (non-convertible)               1,800 I By spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $ 19.293 10/28/2013   G(4) V   30,962   (3) 05/06/2019 Common Shares, $.0033 par value per share 30,962 $ 0 21,521 (4) I By 2010 GRAT
Stock Appreciation Right $ 19.293 10/28/2013   G(4) V 30,962     (3) 05/06/2019 Common Shares, $.0033 par value per share 30,962 $ 0 93,229 (4) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
IORDANOU CONSTANTINE
WATERLOO HOUSE, GROUND FLOOR
100 PITTS BAY ROAD
PEMBROKE, D0 HM 08		   X     Chairman, President & CEO  

Signatures

 /s/ Constantine Iordanou   11/18/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents a bona fide gift.
(2) Represents a weighted average sales price; the sales prices range from $58.30 to $58.43. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission or to a security holder of the issuer.
(3) The share appreciation right became exercisable in three equal annual installments on May 6, 2010, May 6, 2011 and May 6, 2012.
(4) On October 28, 2013, 30,962 share appreciation rights (SARs) were distributed from the GRAT. Such SARs were previously reported as indirectly beneficially held by the GRAT. Following such distribution, the reporting person owns 93,229 SARs and 21,521 SARs are indirectly owned by the GRAT.
(5) In the Form 4 filed on November 12, 2013, in addition to this sale, the reporting person also reported the sale of 26,000 shares by the 2005 GRAT. In a corrective Form 5 filing on November 18, 2013, the reporting person reported that the GRAT expired on November 23, 2012 and that the shares held by the GRAT were equally distributed to trusts for the benefit of the reporting person's three daughters for which the reporting person is not a trustee. Accordingly, the sale by the trust shares on November 8, 2013 was not required to be reported; this corrective filing removes the sale of the 26,000 common shares from the filing.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.