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.
Private Credit Investors Clash Over £36 Billion BHP Dam Collapse Litigation 
AI Data Centers Are on Track to Fuel ‘Explosive’ Growth in Captive Insurance 
The Big Data/AI ‘Revolution’ Is Driving Up Verdicts, Settlements as Plaintiffs Buy In 
UnitedHealth Sells Interest in Florida WellMed Clinics to TPG 
