Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - Chubb Ltd | d8k.htm |
| EX-99.1 - PRESS RELEASE DATED JUNE 2, 2011 ANNOUNCING APPOINTMENT OF JOHN KEOGH - Chubb Ltd | dex991.htm |
Exhibit 99.2
FOR IMMEDIATE RELEASE
| Investor Contact: | Helen M. Wilson | |||
| (441) 299-9283 | ||||
| helen.wilson@acegroup.com | ||||
| Media Contact: | Stephen M. Wasdick | |||
| (212) 827-4444 | ||||
| stephen.wasdick@acegroup.com | ||||
ACE VICE CHAIRMAN BRIAN DOWD TO RETIRE FROM FULL-TIME EMPLOYMENT,
JOIN OFFICE OF THE CHAIRMAN TO FOCUS ON UNDERWRITING, REINSURANCE,
RUN-OFF OPERATIONS AND STRATEGIC INITIATIVES
ZURICH – June 2, 2011 – ACE Limited (NYSE:ACE) announced today that Brian Dowd, Vice Chairman, ACE Limited, and Chairman, Insurance – North America, will retire from full-time service, effective July 1, 2011. Mr. Dowd will continue to serve ACE in a part-time capacity as a member of the Office of the Chairman, reporting to Evan Greenberg, Chairman and Chief Executive Officer. He will focus on underwriting-related matters including oversight of the ACE Group’s product boards, the general underwriting disciplines of the company’s profit centers, outward reinsurance placements and run-off operations, as well as special strategic projects.
“On behalf of all my colleagues and our Board of Directors, I want to extend our deepest gratitude to Brian Dowd,” said Mr. Greenberg. “In his 15 years with ACE, Brian has made a tremendous contribution to our company, helping to transform ACE from a small Bermuda-based specialty writer to a top 10 global multi-line insurer. Brian’s leadership, underwriting wisdom and exemplary character have all added to a tremendous legacy here at ACE.
“A great friend and colleague whom I have relied on closely over the years, Brian expressed a desire some time ago to pursue other interests and focus on his family. Over an extended period of time, we thoughtfully and carefully planned this transition. I am delighted that the company and I will continue to benefit from his counsel as a member of the Office of the Chairman.”
Celebrating 25 years of insuring progress, the ACE Group is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE: ACE), a component of the S&P 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries and customers in more than 170 countries. Additional information can be found at: www.acegroup.com.
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