Ace Bermuda announced last week that it was increasing capacity on integrated occurrence coverage by $50 million.

"Ace Bermuda is pleased to offer this additional $50 million capacity for Integrated Occurrence coverage," said Rees Fletcher, president and CEO, Ace Bermuda. "Excess Liability has been a core product line for ACE Bermuda for over two decades and this capacity enhancement underscores our commitment to continue to provide long-term stability and security to our customers."

Integrated occurrence is used in the casualty market and allows a policyholder to aggregate claims that arise out of the same alleged or actual event into batches.

Ace now offers integrated occurrence capacity of $150 million — up from $100 million.

"This additional capacity is available under ACE Bermuda's core excess liability product — the Occurrence First Reported form," the company said.

Ace Bermuda, the original insurance company of the Ace Group of Companies, writes high-level excess liability, property and directors and officers insurance worldwide, including the standard-setting Corporate Officers & Directors Assurance (CODA). Ace Bermuda is rated A+ by both A.M. Best Company and by Standard & Poor's.