ACE Philippines president to step down
The president of ACE’s insurance operation in the Philippines, Daniel Daly, is set to retire at the ned of July.
He will be succeeded by Peter van Ratingen, who most recently served as ACE’s Asia-Pacific regional head of bancassurance.
In his role as Country President, van Ratingen will oversee the operations and business development activities of ACE’s key business lines in the Philippines namely, property and casualty, accident and health and personal and business insurance.
He will report to Juan Luis Ortega, regional president for ACE’s general insurance operations in Asia-Pacific.
Ortega said: “Peter has significant depth of product and distribution expertise in the industry coupled with his strong general management skills.
“His business acumen and leadership will help steer the company to a level that matches the ambition and opportunity which the Philippines affords us. I would like to take the opportunity to thank Dan for his contributions to ACE over the last five years and wish him all the very best in the future.”
