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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...

Insurance firm Ace has joined forces with the Bermuda Women’s Council to promote community involvement in business. The Ace Women’s Forum threw its weight behind the Department of Human Affairs drive to increase community-driven development (CDD) and...

Ace Ltd announced that John Lupica, chairman, insurance — North America, has been named to the additional position of vice-chairman, Ace Ltd and Ace Group Holdings. Evan Greenberg, chairman and chief executive officer at Ace Ltd, said: “I am pleased ...

ACE Bermuda has launched a new CODA (corporate officers & director’s assurance) premier directors and officers liability policy, addressing SOX and Dodd-Frank-incurred expenses, defence costs advancement and UK Corporate Manslaughter and Corporate Ho...

The head of Ace has spoken out against a push for new US accounting standards. Ace CEO Evan Greenberg said the changes may distract investors from the most useful metrics in gauging insurers’ financial status. “I don’t know whose benefit you’re ultim...

By Rebecca Zuill ACE Limited reported record quarterly operating income of $857 million, improved global P&C net premiums, and P&C underwriting income up 67 percent with a P&C combined ratio of 86.5 percent. ACE also reported that operating return on...

ACE Group has named Nicolas Givelet as Risk Engineer in its Continental Europe environmental insurance team as it continues to invest in building its environmental risk expertise for clients facing an increasingly complex global regulatory environmen...

US government aid to crop insurers including Ace, XL and other re/insurers in Bermuda has drawn criticism. As part of a series looking at the US crop insurance programme, Bloomberg says the US government subsidies show how a programme created to safe...