Paul Medini Appointed as ACE Chief Accounting Officer

October 15, 2003

Bermuda’s ACE Limited announced that Paul Medini has been appointed as its Chief Accounting Officer effective immediately, replacing Robert Blee, who assumed the newly-created role of Chief Compliance Officer in March 2003.

Medini joins ACE from PricewaterhouseCoopers, where he was a partner with over 22 years of experience in their property/casualty insurance practice. “His clients included many of the major insurers and reinsurers, both domestic and non-U.S. based,” said the bulletin.

He is a member of the American Institute of Certified Public Accountants and has a Master’s degree in Business Administration and a Bachelor of Arts degree, both from Pace University in New York.

Medini will be based in Bermuda and reports directly to Philip Bancroft, ACE Limited CFO.