ACE Bermuda Increases Capacity for Core Excess Liability Product in Response to Customer Demand
More News related to ACE
- ACE Limited Declares Quarterly Dividend
- ACE Names Sean Ringsted Chief Risk Officer
- ACE Issues Clarification Concerning Variable Annuity Reinsurance Business
- David Moenning's Daily State of the Markets: 11/19
- Citi Downgrades ACE Limited (ACE) to Hold
More News related to Press Releases
- Cramer Calls HP (HPQ) the Only Tech Stock Investors Should Trust
- Citi Reiterates a 'Hold' Rating on Ross Stores (ROST), Lowers Price Target
- Citi Maintains a 'Hold' Rating on Intuit (INTU), Lowers Price Target
- Piper Jaffray Reiterates a 'Buy' Rating on Broadcom (BRCM), Lowers Price Target and Estimates
- Analyst Defends Google (GOOG), Says Search Ads Will Hold Up Well
HAMILTON, Bermuda--(BUSINESS WIRE)--
ACE Bermuda Insurance Ltd. (ACE Bermuda) today announced it has increased its Integrated Occurrence capacity from $100 million to $150 million effective immediately. This additional capacity is available under ACE Bermuda's core excess liability product - the Occurrence First Reported form.
"ACE Bermuda is pleased to offer this additional $50 million capacity for Integrated Occurrence coverage. Excess Liability has been a core product line for ACE Bermuda for over two decades and this capacity enhancement underscores our commitment to continue to provide long-term stability and security to our customers," said Rees Fletcher, President and CEO, ACE Bermuda.
ACE Bermuda, the original insurance company of the ACE Group of Companies, writes high-level excess liability, property and directors and officers insurance worldwide, including the standard-setting Corporate Officers & Directors Assurance (CODA). ACE Bermuda is rated A+ by both A.M. Best Company and by Standard & Poor's. Headed by ACE Limited (NYSE: ACE), the ACE Group of Companies is a global leader in insurance and reinsurance and conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at www.acebermuda.com.
Source: ACE Bermuda Insurance Ltd.
Related Categories
Press ReleasesStocks Mentioned
-2.48Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
