Last $106.33 USD
Change Today +0.21 / 0.20%
Volume 800.2K
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

ace ltd (ACE) Snapshot

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06/20/14 - $108.62
52 Week Low
09/6/13 - $87.11
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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.

ace ltd (ACE) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $7.5M
Chief Financial Officer
Total Annual Compensation: $1.8M
Vice Chairman, Chief Operating Officer, Chair...
Total Annual Compensation: $2.9M
Vice Chairman, Chairman of Insurance for Nort...
Total Annual Compensation: $2.2M
Chief Actuary and Chief Risk Officer
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2013.

ace ltd (ACE) Key Developments

ACE Group Announces Board Appointments

ACE Group announced that it has named executives for its high net worth personal lines insurance business, ACE Private Risk Services. Annmarie Camp was named as senior vice president, national sales and distribution leader. Camp, who is based in Basking Ridge, N.J., will also continue in her role as group umbrella practice leader. Additionally, the company appointed Shannon Detroit vice president, central region and Heather Cabra vice president, southern region. Detroit was previously the company's distribution leader, based in Texas. Cabra's former roles include serving as vice president of a U.S.-based personal lines carrier.

Ace Limited Announces Amendments to Articles of Incorporation or Bylaws

On August 14, 2014, the Board of Directors of ACE Limited amended the Compensation Committee and Nominating and Governance Committee sections of the organizational regulations of ACE Limited, consistent with the respective committee charters. These changes clarified the Compensation Committee’s duties and responsibilities with respect to succession planning and clarified the Nominating and Governance Committee’s authority with respect to conducting a search for a new Chief Executive Officer and a new Chairman of the Board and duties and responsibilities with respect to succession planning.

ACE Limited Board Declares Quarterly Dividend

ACE Limited declared a quarterly dividend equal to $0.65 payable on October 21, 2014, to shareholders of record at the close of business on September 30, 2014, subject to a required filing with the Swiss Commercial Register.


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