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ACE Ltd

 
Hoover's Profile: ACE Limited
(NYSE:ACE)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
ACE Limited
Bärengasse 32
CH-8001 Zurich, Switzerland
Tel. +41-43-456-76-00
Fax +41-43-456-76-01

Type: Public
On the web: http://www.acelimited.com
Employees: 15,000
Employee growth: 50.0%

This is one ace that's not in the hole. Through subsidiaries, ACE Limited sells property and casualty insurance and reinsurance globally through independent brokers. Its North American operations offer commercial property and casualty insurance in Bermuda, Canada, and the US. Overseas, its ACE International network of local operations reach into the rest of the world where it sells property and casualty and specialty lines to personal and commercial clients. The company's ACE Tempest Re businesses provide reinsurance to property/casualty insurers in Canada, Europe, and the US. ACE's life insurance operations are focused in the US and other select markets.

Key numbers for fiscal year ending December, 2008:
Sales: $13,632.0M
One year growth: (3.7%)
Net income: $1,197.0M
Income growth: (53.6%)

Officers:
Chairman, President, and CEO: Evan G. Greenberg
Global Operations Officer, ACE Group: Ronald J. Rintala
CFO: Philip V. Bancroft

Competitors:
AIG
Munich Re Group
Travelers Companies

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