An Arkansas federal jury has awarded an oil company nearly $72 million in damages from lost income and expenses stemming from a 2012 breach of a pipeline carrying oil from Louisiana to Arkansas. In litigation heard in federal court in …
ACE Group has expanded its political risk and credit division to Japan, as it continues to build its presence and capabilities in this risk area. Japan was the world’s fourth largest exporting country in 2014. With Japanese businesses relying heavily …
Argentina’s insurance regulator changed the rules governing the amount of foreign currency holdings the companies can keep, which could prompt the firms to sell assets to meet a year-end deadline. Insurance companies must adjust their foreign-currency security holdings to match …
ACE Group has appointed Captain Sivakumaran Divakaran as the new marine risk manager for Asia Pacific. Divakaran will be part of the Asia Pacific Marine team, which provides marine cargo insurance for a wide commodity range with customized risk management …
ACE Group has launched two further enhancements to its ACE Travel Smart duty of care proposition for European business travel insurance buyers. The first of the new services is an online dashboard for human resources and risk managers, which enables …
ACE Group has launched Private Equity and Venture Capital Liability Insurance in Hong Kong and Singapore. The product aims to address the evolving regulatory and volatile economic environments as well as increasingly complex deal structures. The product offers insureds protection …
ACE Group has launched a new coverage component for the ACE Express package policy specifically designed to protect private and not-for-profit organizations. The updated package policy enables insureds to purchase privacy and network liability coverage in a single policy with …
ACE Ltd. announced that it intends to appoint Juan C. Andrade, as executive VP of the new Chubb Group and President of the International Non-life Insurance division, which encompasses operations with both retail broker and wholesale market distribution. The bulletin …
ACE Group announced the appointment of Paul Littooij, currently marine manager for ACE in Benelux, to the additional role of European product champion, Small Marine Commercial, as it continues to expand its team to better cover the insurance needs of …
CoverHound has raised $33.3 million in a financing round led by ACE Group, which the company plans to use to build an online commercial insurance platform starting with businessowners policy insurance offerings that could be available next year. San Francisco, …
