ACE Bermuda Insurance subsidiary, ACE European Markets, has launched two new divisions: ACE Financial Solutions Europe and ACE Financial Solutions Reinsurance Europe.
The new divisions will provide insurance and reinsurance products to ACE's European-based customers.
ACE also announced the appointment of Guy Swayne as
president of the new divisions. Swayne will be responsible for the development of ACE's financial solutions businesses in Europe.
ACE Financial Solutions International president & chief executive officer Pierre Samson said: "The establishment of these two divisions is another step in ACE Financial Solutions International's drive to make its non-traditional
finite insurance and reinsurance products available to buyers globally."