ACE News
What is Driving the Big Players Away from U.S. Crop Insurance?
The U.S. crop insurance market has been abandoned by some of its largest companies as lower agricultural prices crimp revenue, and uncertainty about federal aid clouds the business's future. Cargill ...
P2P Insurance Startup Lemonade Attracts Sagalow, Other AIG, ACE Vets to Exec Roster
An instech startup looking to disrupt the property/casualty insurance industry with a new business model has turned to four seasoned insurance executives from traditional carriers AIG and ACE ...
Zurich Insurance and the Other Top News Stories of 2015
What's ailing Zurich Insurance? That question was the focus of Carrier Management's top news story in 2015, a piece that drew enormous reader interest. Switzerland's largest insurer faced plenty of ...
Executives On The Move at Chubb, ACE and Everest Re
Chubb appointed a temporary chief operating officer. It's future, $28 billion merger partner ACE Ltd announced much of the combined companies' Canadian leadership team. Everest Re extended the ...
ACE/Chubb Merger Effort Ramps Up Exec Appointment Announcements
In the months following ACE Ltd.'s surprise July announcement that it would acquire Chubb for $28 billion, what began as a trickle is now a flood. Specifically, ACE's announcements of its post-merger ...
BHSI Has Asia in Sight With New D&O Liability, Professional Indemnity Policies
Berkshire Hathaway Specialty Insurance, with an eye on expanding in Asia, is marketing new D&O liability and professional indemnity policies to commercial and financial firms. The insurer's ...
Chubb Investors Oppose $80M Golden Parachute for CEO
Chubb Corp. shareholders opposed an $80 million golden parachute payment for Chief Executive Officer John Finnegan, who struck a deal to sell the insurer to ACE Ltd. About 61 percent of voting ...
ACE’s Andrade to Run Post-Chubb Merger International Non-Life Business
ACE Ltd., in the final months of concluding its $28.3 billion acquisition of The Chubb Corp., has appointed one of its own to lead the company's combined international non-life insurance operations. ...