Last $112.90 USD
Change Today +0.02 / 0.02%
Volume 1.2M
ACE On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 4:15 PM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

ace ltd (ACE) Snapshot

Open
$112.49
Previous Close
$112.88
Day High
$113.22
Day Low
$111.94
52 Week High
12/8/14 - $117.89
52 Week Low
01/27/14 - $92.00
Market Cap
37.5B
Average Volume 10 Days
1.4M
EPS TTM
$9.73
Shares Outstanding
331.7M
EX-Date
12/15/14
P/E TM
11.6x
Dividend
$2.60
Dividend Yield
2.28%
Current Stock Chart for ACE LTD (ACE)

ace ltd (ACE) Related Businessweek News

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ace ltd (ACE) Details

ACE Limited, through its subsidiaries, provides a range of insurance and reinsurance products to insureds worldwide. The company operates through five segments: Insurance – North American P&C, Insurance – North American Agriculture, Insurance – Overseas General, Global Reinsurance, and Life. The Insurance – North American P&C segment offers risk management programs, specialty commercial property and casualty (P&C), accident and health, homeowners, automobile, liability, valuables, and marine coverages; and excess and surplus property, directors and officers (D&O), professional liability, inland marine, specialty casualty, environmental, and political risk products. The Insurance – North American Agriculture segment provides comprehensive multiple peril crop insurance and crop-hail insurance; and farm and ranch coverages, as well as specialty P&C coverages for companies that manufacture, process, and distribute agriculture products. The Insurance – Overseas General segment offers traditional and specialty P&C products, including D&O, professional liability, specialty personal lines, and energy products; and specialty products, such as aviation, marine, financial lines, energy, and political risk, as well as personal accident and supplemental medical products. The Global Reinsurance segment markets reinsurance products under the ACE Tempest Re name; and provides solutions for small to mid-sized clients and multinational ceding companies, including licensed reinsurance capabilities, property and workers’ compensation catastrophe, loss-warranty, stop-loss cover, marine, and aviation programs. The Life segment offers protection and savings products comprising whole life, endowment plans, individual term life, group term life, group medical, personal accident, credit life, universal life, and unit linked contracts. The company was founded in 1985 and is headquartered in Zurich, Switzerland.

20,000 Employees
Last Reported Date: 02/28/14
Founded in 1985

ace ltd (ACE) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $7.5M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $1.8M
Vice Chairman, Chief Operating Officer, Chair...
Total Annual Compensation: $2.9M
Vice Chairman and Chairman of Insurance - Nor...
Total Annual Compensation: $2.2M
Chief Risk Officer, Chief Actuary and Executi...
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2013.

ace ltd (ACE) Key Developments

Barrett Business Services, Incz Renews Workers' Compensation Insurance Arrangement with ACE Group

Barrett Business Services, Incz, has renewed its workers' compensation insurance arrangement with ACE Group. The arrangement, which began in February 2014, provides coverage to BBSI employees in California. The renewal is effective through January 2016 with the potential for continued annual renewals thereafter. The agreement, typically known as a fronted program, provides BBSI with a licensed, admitted insurance carrier in California to issue workers' compensation policies on behalf of BBSI. The risk of loss up to the first $5.0 million per claim is then retained by BBSI through a reinsurance agreement.

ACE Group Announces Appointment of James Langdon as Global Head of Upstream Energy

ACE Group announced that James Langdon, Lloyd’s Market Manager for Energy within ACE Global Markets, has been promoted to the new role of Global Head of Upstream Energy as the company continues to build its presence across the world’s energy insurance markets. In his new role, James will be responsible for the development of ACE’s upstream energy retail insurance portfolio across the company’s international network and he will continue to manage and build ACE’s expanding book of London-based wholesale business. James will remain based in London, reporting to Matthew Hardy, Senior Vice President and Global Head of Energy for ACE’s international division, while working closely with regional underwriting managers and risk engineers across the company’s global energy team to identify and execute new business opportunities. His appointment is effective immediately. James joined ACE 12 years ago in London as an underwriting assistant within the energy team and has steadily progressed his career through various roles, most recently serving as Lloyd’s Market Manager for Energy, where he has successfully led the expansion of the portfolio over the past two years.

ACE Group Launches ACE Middle Market Solutions

ACE Group announced the launch of ACE Middle Market Solutions, an enhanced proposition for brokers and clients, as it continues to build its position in the middle market segment in key Continental Europe insurance markets. ACE Middle Market Solutions has been designed to respond to these market needs and will incorporate: Access for the first time to ACE's range of multinational capabilities, including its global network, local regulatory and compliance know-how and the ACE Worldview technology portal, for key middle market broker partners. Dedicated middle market experts on hand in core markets across ACE's local branch network, providing defined points of contact for brokers for their relationship management, underwriting and claims needs. Increased insight for brokers on ACE''s risk appetite for the middle market segment by country, industry and line of business, along with access to educational and technical support on emerging risks for brokers and their middle market clients, where they want it. The proposition will be rolled out initially in France, Germany and Italy before being extended to other key Continental Europe markets later in the year.

 

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Industry Analysis

ACE

Industry Average

Valuation ACE Industry Range
Price/Earnings 11.7x
Price/Sales 1.9x
Price/Book 1.2x
Price/Cash Flow 11.4x
TEV/Sales 1.3x
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