News Releases

LONDON--(BUSINESS WIRE)--ACE European Group today announced the appointment of John Napier to a new role of non-executive Chairman of two of its key entities, ACE European Group Limited and ACE Underwriting Agencies Limited. The appointment is subject to regulatory approval.

John Napier has previously undertaken senior roles within UK and international companies. Over the last 15 years, has served as chairman of four FTSE 350 companies. From 2003 to 2012 he was Chairman of RSA Insurance Group plc, one of the UK’s largest listed international insurance companies. From 2008 until March 2013, he acted as Chairman of UK-based global media services company Aegis Group plc, which has recently been acquired by Dentsu.

At the same time, Andrew Kendrick, currently Chairman, ACE European Group, will become President, ACE European Group, with full executive management responsibility for ACE’s operations across its Europe, Middle East and Africa (EMEA) region.

John Keogh, Vice Chairman and Chief Operating Officer, ACE Limited, said:

“I am pleased to welcome John Napier to ACE and I am confident that the experience he brings will further strengthen our corporate governance while adding significant value to our European businesses. John’s substantial and varied Chairmanships, with his international insurance industry knowledge, will help us navigate the challenging market and regulatory environment in the region.”

Andrew Kendrick, President, ACE European Group, said:

“On behalf of ACE European Group, and also on a personal note, I am very much looking forward to working alongside John. His diverse business experience will be valued by our board members, whilst his understanding of corporate strategy across a range of industries will be of considerable benefit as we continue to develop our propositions for multinational and major risks clients throughout the region.”

ENDS

About ACE:

The ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index.

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