Willis Group Holdings Ltd. amended the employment agreement with Chairman and CEO Joseph J. Plumeri to extend the term for an additional year. The employment agreement, which was scheduled to expire Oct. 15, 2008, will now expire Oct. 15, 2009. …
The Board of Directors of Bermuda-based ACE Limited has elected the CEO of the Company, Evan G. Greenberg, to the position of Chairman of the Board of Directors, effective at the time of the Annual General Meeting in May 2007. …
Bermuda’s ACE Limited announced that Mary A. Cirillo has been elected to its Board of Directors, effective immediately. The appointment is concurrent with Robert W. Staley’s retirement from the Board. Cirillo has served as an advisor to Hudson Venture Partners, …
Bermuda-based ACE Limited announced that Brian Duperreault, currently Chairman of the Board, will retire from the Company, effective June 1. He will continue as a board member in the role of Non-Executive Chairman of the Board of Directors. Duperreault, one …
Although “One swallow maketh not a summer,” over two years of good results would seem to indicate that Bermuda’s insurers are on a roll. Both the new companies, founded after Sept. 11, and the older ones, already established on the …
Bermuda-based ACE Limited (NYSE:ACE) reported net income for the first quarter ended March 31, 2004 of $447 million or $1.53 per share, compared with net income of $247 million or $0.90 per share for the prior year. Income excluding net …
Grace Marrano The Protector Group Insurance Agency of Worcester, Mass., has three new additions to its management staff. Grace H. Marrano is the new employee benefits manager. She is responsible for managing employee benefits account managers, as well as policies …
Evan Greenberg The board of directors of Bermudan insurer ACE Ltd. has elected its president, Evan G. Greenberg, to the additional post of CEO, effective May 27, 2004. Greenberg was formerly a top executive at American International Group and is …
The board of directors of Bermudan insurer ACE Ltd. has elected its president, Evan G. Greenberg, to the additional post of CEO, effective May 27, 2004. Greenberg was formerly a top executive at American International Group and is the son …
ACE Limited reported that net income for the quarter ended December 31, 2003 was $421 million or $1.45 per share, compared with a net loss of $168 million or $0.67 per share for the prior year. For the fill year …
