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Ace Promotes Maleno to President of U.S. Insurance Unit

Ace Ltd. (ACE), the insurer with operations in more than 50 nations, promoted Chris Maleno to division president of Ace USA, the U.S.-based retail unit.

Maleno joined the company in 2007 as president of Ace USA regional operations and brings more than 25 years of industry experience to the role, Zurich-based Ace said in a statement released today by Business Wire. He will report to John Lupica, chairman of the North America insurance division.

To contact the reporter on this story: Elizabeth Bunn in New York at ebunn1@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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