ACE Bermuda Insurance Ltd. has announced an increase in its Integrated Occurrence capacity from $100 million to $150 million effective immediately. This additional capacity is available under ACE Bermuda’s core excess liability product – the “Occurrence First Reported” form.
“ACE Bermuda is pleased to offer this additional $50 million capacity for Integrated Occurrence coverage,” stated President and CEO Rees Fletcher. “Excess Liability has been a core product line for ACE Bermuda for over two decades and this capacity enhancement underscores our commitment to continue to provide long-term stability and security to our customers,”
The bulletin also noted that “ACE Bermuda, the original insurance company of the ACE Group of Companies, writes high-level excess liability, property and directors and officers insurance worldwide, including the standard-setting Corporate Officers & Directors Assurance (CODA).”
Source: ACE Bermuda – www.acebermuda.com
Topics Excess Surplus
Was this article valuable?
Here are more articles you may enjoy.
US Supreme Court Rejects Trump’s Global Tariffs 
Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Judge Tosses Buffalo Wild Wings Lawsuit That Has ‘No Meat on Its Bones’ 
