ACE Expands Catastrophe Capacity in North America

The ACE Group has increased catastrophe limits to $30 million across all its North American retail and wholesale broker-distributed commercial property lines of business. This capacity will be offered through ACE’s network of property businesses, which includes fronting and captive options, ACE’s Specialty Catastrophe Unit, a range of wholesale products, and comprehensive inland marine insurance services.

The increase in catastrophe limits is available to all U.S. and Canada- based wholesale and retail property and inland marine units:

ACE’s North America Property & Specialty is comprised of ACE’s property-related products and services across the company’s North American franchises: ACE USA, ACE Canada and ACE Westchester. ACE Property and Specialty Lines Division, part of North America Property, offers management products for the property, marine, inland marine, energy and aviation insurance needs of U.S.-based companies, ranging from mid-size domestic to large multinational, as well as provide customized fee-for-service engineering consulting for long-term client loss control solutions.