ACE Bermuda Increases Capacity for Core Excess Liability Product
ACE Bermuda Insurance Ltd. has announced an increase in its Integrated Occurrence capacity from $100 million to $150 million effective immediately. This additional capacity is available under ACE Bermuda’s core excess liability product – the “Occurrence First Reported” form.
“ACE Bermuda is pleased to offer this additional $50 million capacity for Integrated Occurrence coverage,” stated President and CEO Rees Fletcher. “Excess Liability has been a core product line for ACE Bermuda for over two decades and this capacity enhancement underscores our commitment to continue to provide long-term stability and security to our customers,”
The bulletin also noted that “ACE Bermuda, the original insurance company of the ACE Group of Companies, writes high-level excess liability, property and directors and officers insurance worldwide, including the standard-setting Corporate Officers & Directors Assurance (CODA).”
Source: ACE Bermuda – www.acebermuda.com
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