HAMILTON, Bermuda – October 10, 2005 - ACE Bermuda Insurance Ltd. (ACE Bermuda), today announced the appointment of Robert Rebellato to the position of Senior Vice President in its property division. Mr. Rebellato will assume responsibility for the management of ACE Bermuda’s global property and first party specialty lines business and will report to Rees Fletcher, President & Chief Executive Officer of ACE Bermuda. Mr. Rebellato’s appointment is subject to the approval of the Bermuda Department of Labour and Immigration.
Mr. Rebellato succeeds Chris Fisher, who was recently appointed to the position of Executive Vice President, ACE Energy within ACE USA.
“Robert brings a wealth of underwriting and management experience to his new position,” said Rees Fletcher. “I look forward to working with him as he leads the continued development of our property underwriting team.”
Mr. Rebellato has over 20 years of international property underwriting experience and has held positions in Toronto, London, Dublin, Zurich and Bermuda. He holds a Bachelor of Civil Engineering degree from McGill University and is an Associate of the Insurance Institute of Canada. He joined ACE in 2002 from XL Capital. He previously worked for FM Global and the Industrial Risk Insurers.
ACE Bermuda is a Bermuda-based subsidiary of ACE Limited (NYSE: ACE). ACE Bermuda offers insurance products and services through Bermuda and non-US based intermediaries. The ACE Group of Companies is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited, a component of the Standard & Poor’s 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in approximately 50 countries. Additional information can be found at: www.acelimited.com.