Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Chubb Ltd    CB   CH0044328745

CHUBB LTD (CB)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

ACE Limited : ACE USA Appoints Mitchell Schmidt Senior Vice President and Regional Executive Officer, Northeast Region

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/10/2012 | 10:00pm CET

ACE USA, the U.S.-based retail operations of the ACE Group, today announced the appointment of Mitchell Schmidt as Senior Vice President and Regional Executive Officer for ACE USA's Northeast Region. Mr. Schmidt will be based in Boston, and will be responsible for setting and driving the overall strategic direction for ACE USA's Northeast region. He will work collaboratively with the Northeast regional team to oversee all business development, retention and underwriting activities, establish distribution strategies, and service delivery to middle and large account commercial customers. Mr. Schmidt will report to Ed Zaccaria, Division President, ACE USA Regional Operations.

Karen Sothern, who has served as Senior Vice President and Regional Executive Officer for ACE USA's Northeast Region since 2002, now assumes a new global role as Change Management Officer for Acquisitions, for the ACE Group reporting to Evan G. Greenberg, Chairman and Chief Executive Officer, ACE Limited.

"The Northeast regional market represents significant growth opportunities for ACE. Mitch has been instrumental in the ongoing development of ACE USA's custom casualty and renewable energy businesses. His excellent track record and leadership will be an asset in overseeing our Northeast team and delivering additional value to our clients and brokers in the region," said Mr. Zaccaria. "I would also like to acknowledge Karen's outstanding leadership and dedication in establishing ACE's position in the Northeast region for nearly a decade."

"Expanding our market presence and delivering ACE's broad spectrum of products and services, and exceptional service through locally-based staff in our key locations across the United States is an important part of ACE USA's regional management platform," said Chris Maleno, Chief Operating Officer, ACE USA. "Mitch's demonstrated underwriting expertise and proven ability to work collaboratively with brokers and clients will enable ACE USA to further differentiate itself in the Northeast."

With more than 15 years in the insurance industry, Mr. Schmidt most recently served as Senior Vice President and National Underwriting Manager of ACE USA's Custom Casualty & Public Entity Units. He has held several senior underwriting positions at ACE, including serving as Western Zone Manager, with responsibility for the excess liability and custom casualty product offerings for five of the nine ACE USA regions. Mr. Schmidt joined ACE in 2003 from Chubb Insurance Group, where he held several branch and regional casualty management and underwriting positions, including Midwest Regional Excess Casualty Manager. Mr. Schmidt received his Bachelor of Science degree in Political Science and Business from Bethel University, in St. Paul, Minn.

ACE USA is the U.S.-based retail operating division of the ACE Group, headed by ACE Limited (NYSE: ACE), and is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor's. ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information on ACE USA and its products and services can be found at www.acegroup.com/us.

The ACE Group is one of the world's largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com.

ACE North America Communications
Carla Ferrara, 215-640-4744
[email protected]


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CHUBB LTD
01/12 CHUBB : Markston International Llc Reduces Stake in D/B/a Chubb Limited New (Cb)
01/10 CHUBB LIMITED : to Hold its Fourth Quarter Earnings Conference Call on Wednesday..
01/10 CHUBB : announces appointment of Veronique Brionne as Senior Vice President, A&H..
01/02 CHUBB : JCR-VIS Reaffirms IFS Rating of Chubb Insurance Pakistan Limited - Press..
2017 CHUBB LTD : ex-dividend day
2017 CHUBB : Estimates One-Time Benefit from New U.S. Tax Law in Excess of $250 Milli..
2017 CHUBB LIMITED : Board Authorizes $1 Billion Share Repurchase Program
2017 CHUBB : Further Strengthens its Real Estate, Hospitality Practice; Aligns Season..
2017 CHUBB : Names Matt Booker Senior Vice President, Major Accounts Property
2017 CHUBB : Recognized by Financial Times for Rule of Law Innovation
More news
News from SeekingAlpha
01/11 QUARTERLY REVIEW OF DIVGRO : Q4 2017
01/03 BOTTOM FISHING THE DIVIDEND ARISTOCR : Put Chubb On Your Radar Screen
01/01 Dividend Champions For January 2018 (Part 2)
2017 Argo Growing Its Business, But Profitability Remains A Concern
2017 Chubb to book $250M+ Q4 gain from new tax bill
Financials ($)
Sales 2017 27 224 M
EBIT 2017 3 930 M
Net income 2017 3 379 M
Debt 2017 -
Yield 2017 1,94%
P/E ratio 2017 20,11
P/E ratio 2018 14,11
Capi. / Sales 2017 2,48x
Capi. / Sales 2018 2,40x
Capitalization 67 609 M
Chart CHUBB LTD
Duration : Period :
Chubb Ltd Technical Analysis Chart | CB | CH0044328745 | 4-Traders
Technical analysis trends CHUBB LTD
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 162 $
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Evan G. Greenberg Chairman, President & Chief Executive Officer
John W. Keogh COO & Chairman-Overseas General Insurance
Philip V. Bancroft Chief Financial Officer & Executive Vice President
Kevin L. Shearan Chief Information Officer & Executive VP
Michael G. Atieh Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
CHUBB LTD-0.34%67 609
ALLIANZ5.48%109 211
AMERICAN INTERNATIONAL GROUP2.33%54 810
ZURICH INSURANCE GROUP5.73%48 951
MARSH & MCLENNAN COMPANIES0.43%41 717
POWER FINANCIAL CORP0.26%19 897