SINGAPORE--(BUSINESS WIRE)--ACE Group announced today the future commercial property and casualty leadership team for the new Chubb Group in Asia Pacific. These appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016.
As previously announced, Paul McNamee will serve as Deputy Regional President and Regional Head of Property & Casualty, Asia Pacific. The leaders reporting to Mr. McNamee will include:
According to Mr. McNamee, “We are very excited to announce the regional Property & Casualty leadership for the new Chubb Group in Asia Pacific. These individuals represent some of the strongest talent that the region has to offer with underwriting depth and market presence across a broad range of products and services. Each of these individuals has a proven track record of success and I’m confident that we will bring an unrivalled value proposition for commercial property and casualty products to the marketplace; building on our combined strength in product innovation, distribution know-how and on-the-ground physical presence across all markets in the Asia Pacific Region.”
About ACE Group
ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 54 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 ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. ACE's core operating insurance companies are rated AA for financial strength by Standard & Poor’s and A++ by A.M. Best.
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