ACE News

ACE Appoints Future Leadership Team for Chubb Group’s Latin America Region

ACE Ltd. announced the leadership team it intends to appoint for the Latin America region of the new Chubb Group’s Overseas General Insurance division, which includes Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Panama, Peru, Puerto Rico, Central America and the …

ACE Appoints Leadership Team for Chubb’s Far East Region

ACE Ltd. announced the leadership team it intends to appoint for the Far East region of the new Chubb Group’s Overseas General Insurance division, which includes Japan. The leadership appointments will take effect upon completion of the acquisition of Chubb, …

ACE Appoints Leadership Team for Chubb Group’s European Division

ACE Ltd. announced members of the leadership team it intends to appoint for the European Group of the new Chubb Group’s Overseas General Insurance division, which includes Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Gibraltar, Hungary, Ireland, Italy, Netherlands, …

ACE Makes Future Leadership Appointments for APAC Region

ACE Ltd. announced key leaders it intends to appoint for the Asia Pacific region of the new Chubb Group’s Overseas General Insurance division, which includes Australia, China, Hong Kong, Indonesia, Korea, Macao, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and …

ACE Names Keogh as Executive Vice Chairman & Chief Operating Officer

ACE Ltd. announced that John Keogh, vice chairman and chief operating officer, has been appointed executive vice chairman of the company. Keogh will continue to serve as chief operating officer with responsibility for all property & casualty insurance operations of …

ACE Appoints Matthews as Claims Client Relationship Manager for UK & Ireland

ACE appointed Judy Matthews as claims client relationship manager for the U.K. and Ireland, as it continues to invest in its client-facing claims management team for ACE’s global accounts division. Matthews will work closely with ACE’s business leaders and claims …

Insurers Face Claims of $600 Million from Brazilian Mine Disaster: Sources

Insurers covering risks for a Brazilian mine where two dams burst last week, killing at least six people, could pay up to $600 million in claims, a source with direct knowledge of the matter said on Monday. A property policy …

ACE Appoints Brown as Political Violence & Terrorism Underwriter at AOG Unit

ACE Group has appointed Cara Brown as political violence & terrorism underwriter, ACE Overseas General, with immediate effect. Brown is responsible for assisting in the development of global business within both wholesale and retail markets. She will report to Piers …

Oil Company Prevails in Suit Against Insurers over Pipeline Rupture

An Arkansas federal jury has awarded an oil company nearly $72 million in damages from lost income and expenses stemming from a 2012 breach of a pipeline carrying oil from Louisiana to Arkansas. In litigation heard in federal court in …

ACE Expands Political Risk & Credit Division to Japan; Takagi Named as Manager

ACE Group has expanded its political risk and credit division to Japan, as it continues to build its presence and capabilities in this risk area. Japan was the world’s fourth largest exporting country in 2014. With Japanese businesses relying heavily …