Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

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

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsofficial PublicationsSector 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
10/10/2012 | 10:00pm CEST

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
Latest news on CHUBB LTD
05/23CHUBB : The 19th Annual Chubb Charity Challenge Golf Tournament Kicks off to Rai..
05/23CHUBB : The 19th Annual Chubb Charity Challenge Golf Tournament Kicks off to Rai..
05/21CHUBB : Combined Insurance Named a 'Best for Vets' Employer by Military Times
05/18COMBINED INSURANCE : Named a 'Best for Vets' Employer by Military Times
05/18CHUBB LTD : Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Sub..
05/17CHUBB : E-Book Examines Top Risks Facing U.S. Private Companies
05/17CHUBB : Shareholders Approve 25th Consecutive Annual Dividend Increase; Board De..
05/16CHUBB : Adds Dental Malpractice Insurance, Underwritten by The Doctors Company, ..
05/15CHUBB : Adds Dental Malpractice Insurance, Underwritten by The Doctors Company, ..
05/14COMBINED INSURANCE : Renews Signed Statement of Support for Employer Support of ..
More news
News from SeekingAlpha
05/223 Dividend Growth Stocks Delivering Higher Returns To Shareholders 
05/227 DIVIDEND INCREASES : May 14-18, 2018 
05/17Chubb declares $0.73 dividend 
05/12STOCKS TO WATCH : A Fed Head Talks Crypto 
05/08In A Still-Challenging Market, Chubb's Strengths Stand Out 
Financials ($)
Sales 2018 28 328 M
EBIT 2018 5 089 M
Net income 2018 4 713 M
Debt 2018 -
Yield 2018 2,19%
P/E ratio 2018 13,27
P/E ratio 2019 12,08
Capi. / Sales 2018 2,20x
Capi. / Sales 2019 2,11x
Capitalization 62 329 M
Duration : Period :
Chubb Ltd Technical Analysis Chart | CB | CH0044328745 | 4-Traders
Technical analysis trends CHUBB LTD
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 162 $
Spread / Average Target 21%
EPS Revisions
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-8.43%62 329
ALLIANZ0.00%97 296