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Global insurer Ace Ltd has received a bump in its ratings outlook. Fitch Ratings yesterday said it has revised the company’s ratings outlook to ‘positive’ from ‘stable’. The ratings firm’s actions reflect Ace’s continued strong operating performance...

London (Bloomberg) Axa SA, Europe’s second-biggest insurer, and Zurich-based Ace Ltd. are among final bidders for HSBC Holdings Plc’s non-life insurance operations, three people with knowledge of the matter said. Bupa Insurance Ltd., a UK healthcare ...

Ace Ltd yesterday announced that its shareholders approved a resolution at an extraordinary general meeting to increase the company’s quarterly dollar-denominated dividend by 34 percent, from 35 cents per share to 47 cents per share. This action amen...

The Ace Group has announced that it has acquired Rio Guayas Compania de Seguros y Reaseguros, a general insurance company in Ecuador that is owned by Banco de Guayaquil, for approximately $55 million in cash. Founded in 1993 and currently the fourth-...

Ace Ltd has agreed to acquire Penn Millers Holding Corporation for $107 million in cash. PMHC’s primary insurance subsidiary, Penn Millers Insurance Company, is a well established underwriter of agri-related insurance in the US, providing specialty p...

Ace Ltd’s board of directors has declared a quarterly dividend of 35 cents per share payable on October 21, 2011, to shareholders of record at the close of business on September 30, 2011. The company also announced its board refreshed its previously-...

NEW YORK (Bloomberg) - Ace Ltd, the Swiss insurer operating in more than 50 countries, gained the most since February after profit beat analysts’ estimates and the company boosted its earnings forecast for 2011. Ace advanced $2.08, or 3.2 percent, to...

NEW YORK (Bloomberg) - Ace Ltd has reported second quarter profit dropped 10 percent on losses tied to natural disasters. Net income for the quarter ended June 30 fell to $607 million, or $1.77 a share, from $677 million, or $1.98, a year earlier, th...