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.
Helicopter Crash in Georgia Kills Groom, Pilot, Hours After Huge Wedding Celebration 
Moody’s: US Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event 
After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI 
JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims From This Issue
