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Global insurer Ace Ltd last night reported record full-year operating earnings of $3.3 billion. But the strength of the US dollar had a negative impact on the growth of premium revenues and book value per share, chief executive officer Evan Greenberg...

Ace Ltd chief executive officer Evan Greenberg has described the US Congress as “irresponsible” for adjourning without renewing a US Government programme to backstop terrorism insurance losses. TRIA (the Terrorism Risk Insurance Act) is due to expire...

Global insurer Ace Ltd reported earnings of $785 million in the third quarter. The Zurich, Switzerland-based company with substantial operations in Bermuda said it had profit of $2.32 per share. Earnings, adjusted for investment costs, were $2.64 per...

Six Bermudian university students have completed the Ace Select insurance-focused internship programme with global insurer Ace Group. The 12-week programme focused on providing hands-on experience, team building, networking, and professional skills d...

NEW YORK (Bloomberg) — Ace Ltd chief executive officer Evan Greenberg said the insurer’s formula for integrating companies gives him confidence that he can handle risks in emerging markets, even as he faulted Brazilian leaders for “lousy” economic po...

Two young Bermudian men yesterday received a significant donation toward their education as winners of the third annual Ace Foundation scholarships. Winner of the Robert Clements/ACE Scholarship, Deondre Trott, received a fully-funded four year schol...

Newly published research by the US Congress claims that 76 companies have shifted their corporate domiciles away from the US since 1983 — one of them being Ace Ltd. Such domicile shifts are referred to as “inversions” and have been causing concern am...

Ace is set to become the number one commercial property and casualty (P&C) insurer in Latin America’s largest market after acquiring a Brazilian company. Ace Ltd announced that it has reached a definitive agreement to acquire the large corporate P&C...

Global re/insurer Ace Ltd beat Wall Street’s expectations as it recorded net income of $734 million for the first quarter. Operating income was $2.27 per share, compared to the $2.12 per share consensus expectation of analysts tracked by Yahoo Financ...

ACE Limited reported a record year which Evan Greenberg, the company’s chairman and chief executive officer, said was due to strong global premium revenue growth. The highlights included full-year operating income of $3.2 billion, up 23 percent, and ...

Global insurer Ace has spent $185 million to buy nearly two-thirds of a Thai insurance company. And Ace, which has a major office in Hamilton, is lining up a bid for the rest of the company later in the year. Ace took a 60.9 percent share of Siam Com...