NEW YORK--(BUSINESS WIRE)--
Evan G. Greenberg, Chairman and Chief Executive Officer of ACE Group,
today provided the following statement regarding the U.S. Senate’s vote
to reauthorize Trade Promotion Authority (TPA):
"The Senate’s passage of legislation to reauthorize Trade Promotion
Authority is a critical milestone in advancing America’s trade agenda.
We are encouraged by the bipartisan support to give the President this
essential negotiating authority, and appreciate the leadership and
commitment of Majority Leader Mitch McConnell (R-Ky.), Finance Committee
Chairman Orrin Hatch (R-Utah), Finance Committee Ranking Member Ron
Wyden (D-Ore.) and other senators who have moved this legislation
forward. The enhanced trade and investment that will result from key
trade agreements -- including the Trans-Pacific Partnership (TPP), the
Trans-Atlantic Trade and Investment Partnership (TTIP) and the Trade in
Services Agreement (TISA) -- will help create U.S. jobs, drive more
robust economic growth and create a more level playing field for U.S.
companies to compete globally. ACE will continue to work with the Obama
Administration and the House to demonstrate the benefits of TPA
reauthorization.”
About ACE Group
ACE Group is one of the world’s largest multiline property and casualty
insurers. With operations in 54 countries, ACE provides commercial and
personal property and casualty insurance, personal accident and
supplemental health insurance, reinsurance and life insurance to a
diverse group of clients. ACE Limited, the parent company of ACE Group,
is listed on the New York Stock Exchange (NYSE: ACE) and is a component
of the S&P 500 index. Additional information can be found at: www.acegroup.com.
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Source: ACE Group