News

March 25, 1998. Hamilton, BERMUDA - Sovereign Risk Insurance Ltd. (Sovereign) today announces the signing of a landmark reinsurance agreement with the French Government Export Credit Agency, COFACE. The agreement, which win go into effect on April 1, win provide COFACE with...

HAMILTON, Bermuda, October 9, 1997 - Sovereign Risk Insurance Ltd., the Bermuda-based political risk underwriting agency formed as a joint venture between ACE Limited (NYSE:ACL) and EXEL Limited (NYSE:XL), has announced that Leigh Hollywood has been hired as Chief Underwriting Officer. Mr. Hollywood, 57, has over...

HAMILTON, Bermuda, March 4, 1997 -- Responding to increasing levels of foreign direct investment including projects in developing countries, and rising demand for political risk insurance, A.C.E. Insurance Company, Ltd. ("ACE"), X.L. Insurance Company, Ltd. ("XL") and Risk Capital Reinsurance Company ("RC...