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Last €102.04 EUR
Change Today -0.264 / -0.26%
Volume 0.0
AEX On Other Exchanges
New York
As of 5:55 AM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

ace ltd (AEX) Snapshot

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52 Week High
03/18/15 - €107.95
52 Week Low
03/27/14 - €70.43
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Current Stock Chart for ACE LTD (AEX)

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ace ltd (AEX) Details

ACE Limited, through its subsidiaries, provides a range of property and casualty insurance and reinsurance products worldwide. The company’s Insurance – North American P&C segment offers casualty insurance, environmental, inland marine, professional risk, disaster protection, vacant land and building, and claims and risk management services; homeowners, automobile, valuables, umbrella liability, and recreational marine insurance; and wholesale excess and surplus lines property, casualty, environmental, professional liability, inland marine, and product recall coverages. Its 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 company’s Insurance – Overseas General segment offers traditional commercial fire coverage, as well as energy industry-related, marine, construction, and other technical products; commercial primary and excess casualty, environmental, and general liability; and specialty coverages include D&O, professional indemnity, energy, aviation, political risk, and specialty personal lines products, as well as personal accident and supplemental medical products. Its Global Reinsurance segment markets reinsurance products; 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 company’s 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. ACE Limited was founded in 1985 and is headquartered in Zurich, Switzerland.

21,000 Employees
Last Reported Date: 02/27/15
Founded in 1985

ace ltd (AEX) 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 (AEX) Key Developments

ACE Launches New Insurance Solution for Life Science Firms

ACE (ACE) has launched the new specialist insurance solution, specifically designed to cover life science companies that constantly conduct clinical trial programs. With the need for clinical trials to be initiated and completed within short timescales, the high number of changes in regulation and requirements within the UK and overseas as well as the increasing number of trials ran in emerging territories, it is imperative that companies have the right insurance cover in place.

BlackRock And Ace Seek Up to $1.3 Billion For Insurance Venture

BlackRock, Inc. (NYSE:BLK) and ACE Limited (NYSE:ACE) are forming a reinsurance venture, ABR Reinsurance Capital Holdings Ltd. that is seeking to raise $800 million to $1.3 billion. Citigroup Inc. (NYSE:C), Deutsche Bank AG (DB:DBK) and Morgan Stanley (NYSE:MS) are listed as banks for the offering. Jeffrey Zack, a spokesman for Ace, declined to comment, as did BlackRock’s Brian Beades, reported Bloomberg.

ACE Group Strengthens its Global Primary Casualty Offering

ACE Group announced the strengthening of its global primary casualty offering with an expanded service platform designed to protect the multinational business activities of Canadian companies. ACE Risk Management Global Casualty ushers in a dedicated team of underwriting professionals and an enhanced suite of insurance products to help Canadian multinationals navigate the emerging risks, country-specific regulation, and foreign exposures associated with expansion. This move means ACE can better service large Canadian multinational companies, as well as smaller but growing companies that may be interested in increasing their operations both in North America and around the world.


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