Ace appoints Kramer

Ace has announced that Donald Kramer has been appointed executive, office of the president & chief executive officer, effective immediately.

The appointment follows his retirement from the Ace Limited Board of Directors on May 27, 2004, where he had been vice chairman since 1996. The appointment is subject to approval from the Bermuda

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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