Authorization Letter:
ACE Bermuda Insurance Ltd

 
 

Sovereign is a specialist underwriting agency underwriting political risk insurance on behalf of its parent company, ACE Bermuda Insurance Ltd (“ACE”).

ACE is one of the world's most innovative, respected and highly capitalized insurance and financial services providers.  ACE, a subsidiary of ACE Limited (NYSE: ACE), is rated A+ by Standard & Poor's (www.acelimited.com). 

Backed by over $56 billion of assets, Sovereign offers clients unparalleled financial strength and counterparty security.  All liabilities underwritten by Sovereign are 100% ACE.  All premiums written and claims paid by Sovereign are 100% ACE.  Sovereign is authorized to underwrite risk, issue policies, accept premiums, and manage and settle claims on behalf of ACE.

 

   
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