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Global insurer Ace last night reported quarterly operating profit that comfortably beat analysts’ expectations and raised its outlook for the year. Operating earnings of $743 million broke down to $2.17 per share, above the forecast of $1.92 per shar...

The ACE Foundation announced their 2012 scholarship winners yesterday to help fund two students’ university studies. Julia Dunne, a 17-year old Bermuda High School graduate, was selected from a field of almost 50 candidates for the Robert Clements/AC...

More jobs have been cut at Ace Bermuda, The Royal Gazette has learned. A spokesperson for the company said yesterday that three more positions have been eliminated as a result of restructuring of Ace’s administration and facilities functions. Two o...

Each June for the last decade, 12 university students have been chosen to participate in a summer internship programme that might change the course of their professional lives. The annual Summer Internship Programme (SIP) hosted by Ace, HSBC Bermuda ...

Ace Ltd has cut three jobs in its Bermuda human resources department, but created one new position to combine HR support roles. The company confirmed on Friday that three staff members were let go as part of a reorganisation of the HR department. The...

NEW YORK (Bloomberg) — Ace Ltd, the Swiss insurer with operations in more than 50 countries, is seeking expansion in Japan after the country’s insurers took on too much risk, CEO Evan Greenberg said. “We have an operation in Japan, and we’re on the h...

Ace Ltd last night posted a first-quarter profit of close to $1 billion, far exceeding Wall Street’s expectations. The profit was almost four times what the company had earned in the same period last year, as book value rose five percent and sharehol...

NEW YORK (Bloomberg) — Ace Ltd chairman and chief executive officer Evan Greenberg said regulators in the US and Europe are stymieing private-sector growth as he expands the Swiss insurer’s operations in Asia and Latin America. “In the US and much of...

Two Bermudians at Ace are living proof that one of the Island’s most prestigious scholarships does more than just pay for tuition. Now they’re encouraging more young Bermudians to apply for the scholarship that helped kick start their careers. Krist...

NEW YORK ( Bermuda) - Ace Ltd, the Swiss insurer with operations in more than 50 countries, will wait for the right buyout, even if it means holding cash at near record-low interest rates, chief executive officer Evan Greenberg said. “You don’t just ...