ACE has appointed Jaime Paredes as chairman and chief executive officer of ACE Latin America.
Previously he worked with Skandia as president and chief operating officer of Skandia Latin America.
Greenberg also announced that Klaus Gebhardt, currently executive vice president of global property at Ace Bermuda, has been appointed to the position of chief underwriting officer at Ace Latin America.
ACE president and chief operating officer Evan Greenberg said: "We are delighted to welcome Jaime to ACE. His strong background and experience in Latin America make him an
ideal choice to lead our strategic expansion plans in the region."