a move to enhance company efficiency, Hamilton, Bermuda-based ACE Ltd. announced its plans to divide its operations into two units. Various senior executive level duty changes were also announced. Dominic Federico, current president and COO of the company, will become president and CEO of the U.S. and Bermuda Group, where he will oversee insurance, reinsurance and financial services operations. John Charman, chief executive of ACE Global Markets, will become president and CEO of the ACE International Group.
Was this article valuable?
Here are more articles you may enjoy.
PwC: Insurance Execs Say Agentic AI Leading Industry Transformation 
Insurance IPOs Hit 20-Year High on Wall Street 
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG 
NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown From This Issue
