This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

ACE Releases Advisory On Managing Employers’ Liability Costs For U.S.-based Multinational Manufacturers

Stocks in this article: ACE

ACE Group today announced the release of a new advisory entitled, “International Employers’ Liability Trends Affecting the Manufacturing Sector,” which examines the rising cost and major expense of employers’ liability insurance for U.S.-based manufacturing companies operating outside of the United States. The advisory discusses issues surrounding the management of employers’ liability expenses, and the importance of adhering to local regulatory requirements through a focused approach of proper loss controls and the implementation of a well-structured global insurance program.

“With our Foreign Casualty practice’s vast scope of products, services and expertise, we are committed to providing practical information on a wide range of relevant issues to U.S.-based multinational businesses that have operations or employees who travel outside the U.S.,” said Bryan Tedford, Senior Vice President, ACE Foreign Casualty. “This advisory reports on employers’ liability insurance, which ranks as one of the biggest expenses for multinational manufacturing companies. Our goal is to assist these entities in managing potential exposures through helping them design and manage a comprehensive global insurance program.”

The new ACE Advisory was co-authored by Joerg Reinholdt, Senior Vice President, National Field Operations, ACE Foreign Casualty and Steven Schwartz, Vice President, ACE Foreign Casualty. The advisory is part of a larger series of papers that ACE produces that are designed to provide useful information on current industry topics faced by risk managers.

The advisory highlights several recent international legal and risk management developments in the United Kingdom, Europe and China that could have an impact on employers’ liability costs for manufacturers. According to Mr. Reinholdt, “Whether a manufacturer operates inside or outside the United States, it must always comply with the laws and regulatory requirements of the jurisdictions where it conducts its’ operations. When those laws and regulations change or when new trends emerge, it can often have an impact on insurance costs as well as other operating expenses.”

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,614.81 +215.14 1.31%
S&P 500 1,941.28 +37.27 1.96%
NASDAQ 4,419.4780 +103.4040 2.40%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs