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Week in pictures

Published November 20, 2015 - 12:03pm CST

Global terrorism takes center stage in the Business Insurance week in pictures.

Ace, Chubb unveil leadership roles; name Asia, Latin America leaders

By: Matthew Lerner

Published November 20, 2015 - 10:51am CST

Ace COO adds to resume as insurers continue to work toward closing of merger set for first quarter.

New leader named for Chubb Group unit after Robusto departure

By: Donna Mahoney

Published November 17, 2015 - 3:03pm CST

Paul J. Krump is the latest exec named to head the combined Ace-Chubb North American commercial and specialty lines division.

Low interest rates, rising equities boost global insurer mergers

By: Mark A. Hofmann

Published November 10, 2015 - 1:22pm CST

Global insurer mergers and acquisitions are at the highest level in recent years and are likely to continue at that rate, Moody’s Investors Service Inc. said Tuesday

Week in pictures

Published November 06, 2015 - 10:50am CST

Earnings and other earth-shattering events make up the Business Insurance week in pictures. View the gallery

Jury awards oil company $71.7 million in lawsuit against insurers

By: Judy Greenwald

Published November 05, 2015 - 2:55pm CST

An Arkansas court has ordered Lion Oil Co.'s insurers to pony up $71.7 million to cover costs associated with a 2012 oil pipeline breach.

Ace outlines new claims leadership team

By: Matthew Lerner

Published November 03, 2015 - 2:08pm CST

Who is slated to fill the claims leadership positions in Ace's North America Insurance division upon completion of its acquisition of Chubb?

Ace Group announces $5.3 billion bond to fund Chubb buy

By: Thomson Reuters

Published October 27, 2015 - 9:49am CST

(Reuters) — Swiss insurer Ace Group Ltd. on Tuesday announced a $5.3 billion four-part bond to help finance its $28.3 billion acquisition of Chubb Corp., and is expected to price the trade later in the day.

Travelers CEO says U.S. tax policy sends insurers offshore

By: Mark A. Hofmann

Published October 22, 2015 - 1:51pm CST

Congress needs to lower the corporate tax rate from its current 35% to discourage U.S. insurers from moving offshore, according to the head of Travelers Cos. Inc.

Exchange rates, investments bog Ace's third-quarter earnings

By: Mark A. Hofmann

Published October 21, 2015 - 1:08pm CST

Year-to-date, insurer's net income is off 6.4%.

Chubb reports quarterly profit of $601 million

By: Stephanie Goldberg

Published October 21, 2015 - 10:36am CST

Mother Nature helped boost Chubb Corp.'s third-quarter net income.

Ace, Lloyd's syndicate focus on terrorism insurance coverage

By: Sarah Veysey

Published October 19, 2015 - 9:40am CST

Terrorism and political violence are the focus of a new division of Lloyd's of London syndicate Acappella, as well as of a new Ace Ltd. policy.

Wal-Mart sues insurers over crash deal

By: Judy Greenwald

Published October 11, 2015 - 6:00am CST

The complaint stemming from the accident that injured actor Tracy Morgan accuses the insurers of breach of contract, negligence and bad faith.

Week in pictures

Published October 02, 2015 - 10:59am CST

Typhoons and hurricanes. Zurich shakeup continues and T-Mobile customers face breach risk. This and more in the Business Insurance week in pictures. View the gallery

FTC OKs Ace's acquisition of Chubb

By: Mark A. Hofmann

Published October 01, 2015 - 2:24pm CST

One down. Shareholder and regulatory hurdles remain before first-quarter closing.

Ace's Juan C. Andrade tapped as executive vice president for new Chubb Group

By: Mark A. Hofmann

Published September 25, 2015 - 10:32am CST

Ace Ltd. intends to appoint Juan C. Andrade executive vice president of the new Chubb Group and president of the international nonlife insurance division, effective upon completion of Ace's acquisition of Chubb Corp., Ace announced Friday.

Ace offers $100 million cyber policies with added services, scrutiny

By: Thomson Reuters

Published September 25, 2015 - 9:19am CST

(Reuters) — Insurer Ace Ltd. plans to start offering cyber security policies providing up to $100 million in coverage at a time when experts say it is hard for businesses to obtain such large coverage following the surge in high-profile breaches.

Business Insurance names 2015 Women to Watch

Published September 23, 2015 - 5:09pm CST

Business Insurance on Wednesday announced the honorees for its 2015 Women to Watch recognition program.

Risk management evolves as role gains influence

By: Sarah Veysey

Published September 23, 2015 - 9:36am CST

LONDON — The role of the risk manager is changing as they exert greater influence across their organizations, says a study released Wednesday by Ace European Group, the European arm of Ace Ltd.

Week in pictures

Published September 11, 2015 - 11:29am CST

Ace and Chubb work on merger staffing changes, more Ashley Madison details and pension freezes, and reinsurers head for Monte Carlo — this week at Business Insurance. View the gallery

North America field teams for merged Ace-Chubb group named

By: Mark A. Hofmann

Published September 09, 2015 - 12:32pm CST

Ace Ltd. on Tuesday announced the leadership team it intends to appoint for the company's North America field organization following the completion of the acquisition of Chubb Corp., which is expected in the first quarter of 2016.

Ace outlines North American leadership after Chubb merger

By: Mark A. Hofmann

Published September 08, 2015 - 4:53pm CST

Ace is putting its leadership in place as it prepares to close its acquisition of Chubb in the fisrt quarter.
North American field teams too.

Ace liable for Abercrombie defense in gift card litigation

By: Judy Greenwald

Published August 14, 2015 - 2:34pm CST

An Ace Ltd. unit is obligated to defend retailer Abercrombie & Fitch Co. in connection with three pending class action lawsuits stemming from a promotion, an appeals court ruled.

Week in pictures

Published July 31, 2015 - 10:51am CST

A possible break on the missing Malaysia Air jet, a big fine for Fiat Chrysler, a new lineup at Ace/Chubb, cyber pain and suffering and more from Business Insurance.

Ace outlines leadership changes on Chubb acquisition

By: Matthew Lerner

Published July 28, 2015 - 12:33pm CST

Ace Ltd. on Tuesday said it has reorganized the leadership team for its North American insurance operations to take effect upon completion of its acquisition of Chubb Corp.

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