Ace Taps Krump to Replace Rubosto, Department for CNA

Ace Ltd. announced Monday the promotion of Paul J. Krump, now president of personal lines and claims for Chubb, to president of North America commercial and personal lines for the new Chubb group. Ace announced in July that it was buying a 70% stake in Chubb and that the two carriers would merge under the Chubb name. Ace said that Krump will move to his new position after the acquisition closes, which is expected during the first three months of 2016. Ace had announced earlier that Krump would serve as executive vice president for global underwriting and claims and Dino E. Rubosto would ...