HAMILTON, Bermuda - August 8, 2002 -- ACE Limited (NYSE: ACE) announces that Evan Greenberg has been appointed to its Board of Directors, effective immediately.
Evan Greenberg joined ACE as Vice Chairman of ACE Limited and CEO of ACE Tempest Re in November 2001. In February 2002, he also assumed responsibility for all of ACE's international insurance operations.
Brian Duperreault, Chairman and Chief Executive Officer of ACE Limited, stated: "In his brief tenure here, Evan has already made an enormous contribution to the growth and profitability of our company. I am delighted to welcome Evan to the Board of Directors. I know that ACE will benefit greatly from Evan's active participation on the board."
The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients. The ACE Group conducts its business on a global basis with operating subsidiaries in nearly 50 countries. Additional information can be found at: www.acelimited.com.