ACE Ltd. plans to divide its operations into two units, each with a president and chief executive, to increase the efficiency of the company.
Current President and Chief Operating Officer Dominic Federico will become president and chief executive officer 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.
At-Bay to Be Acquired by Munich Re for $575 Million 
Londoners Find ‘Horrendous’ Cracks in Their Homes After Successive Heat Waves 
Nuclear Verdicts Go Boom, Increase 40.7% in 2025 
Orion180 Files for IPO, Eyeing Home and Flood Insurance Market 
