ACE Limited (NYSE:ACE) has announced that its wholesale focused property & casualty operation ACE Westchester has appointed Bruce Kessler as its President, ACE Westchester Casualty and Specialty Lines. Mr. Kessler’s new responsibilities include leading overall efforts, such as new business development, strategic direction and implementation of underwriting strategy and product development of all casualty, environmental, transportation, and management and professional liability products and services. Kessler will now report to ACE Westchester President and Chief Executive Officer Dennis Crosby. Mr. Crosby has recently added the position of Chairman, ACE Commercial Risk Services to his list of responsibilities.
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ACE Limited (ACE) is a holding company of the ACE Group of Companies. Its direct and indirect subsidiaries (collectively, the ACE Group of Companies) are a global property and casualty insurance, and reinsurance organization. The Company provides a range of products and services to commercial and individual customers in more than 140 countries. During the year ended December 31, 2008, the Company operated through its four segments: Insurance-North American, Insurance-Overseas General, Global Reinsurance, and Life Insurance and Reinsurance. On April 1, 2008, ACE acquired of Combined Insurance Company of America, and certain of its subsidiaries from Aon Corporation. In September 2009, it announced an operating structure in the United Kingdom and Ireland. The two new business segments are Major Risks and Corporate.
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