Last €83.94 EUR
Change Today +1.04 / 1.25%
Volume 130.0
AEX On Other Exchanges
Symbol
Exchange
New York
As of 7:29 AM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

ace ltd (AEX) Snapshot

Open
€83.08
Previous Close
€82.90
Day High
€83.94
Day Low
€82.83
52 Week High
09/8/14 - €84.00
52 Week Low
10/9/13 - €66.71
Market Cap
28.2B
Average Volume 10 Days
935.3
EPS TTM
--
Shares Outstanding
335.7M
EX-Date
09/26/14
P/E TM
--
Dividend
€2.60
Dividend Yield
2.13%
Current Stock Chart for ACE LTD (AEX)

ace ltd (AEX) Related Businessweek News

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ace ltd (AEX) 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 (AEX) 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 and Chairman of Insurance - Nor...
Total Annual Compensation: $2.2M
Chief Actuary and Chief Risk Officer
Total Annual Compensation: $1.2M
Compensation as of Fiscal Year 2013.

ace ltd (AEX) Key Developments

ACE Group Announces Executive Changes

ACE Group announced that it has promoted Krista Glenn to senior claims officer of multinational claims, in its North American claims operation; and named Graham Chesman as head of multinational claims for ACE Overseas General, ACE's international general insurance business. In their new roles, Mr. Chesman and Ms. Glenn will collaborate to enhance and standardize country-specific claims operations and reporting to better respond to client and broker needs around complex global claims. Both executives will work with the ACE Global Accounts Division to ensure that customers receive a seamless, full-service claims experience. Ms. Glenn most recently served as Senior vice president, North American Claims, where she managed the company's Casualty Lines claims, including the International Casualty, Public Entity, Complex and Long Term Exposure claim teams. She will continue to manage the training program for the company's North American Claims operation. Mr. Chesman most recently served as Multinational Claims Client Executive, where he provided leadership and coordination within Europe for the claims service offering and delivery to all multinational clients for ACE Group.

ACE Group Announces Executive Appointments

ACE Group announced key executive appointments in its Multinational Claims operations to support the recent creation of ACE's Global Accounts Division, which serves large multinational customers around the globe with complex underwriting and servicing needs. Krista Glenn has been promoted to Senior Claims Officer, Multinational Claims, in the company's North American Claims operation. She will be leading the newly-created North American Multinational Claims Practice. Graham Chesman was named Head of Multinational Claims for ACE Overseas General, the company's international general insurance business. In their new roles, Mr. Chesman and Ms. Glenn will collaborate to enhance and standardize country-specific claims operations and reporting to better respond to client and broker needs around complex global claims. Both executives will work with the ACE Global Accounts Division to ensure that customers receive a seamless, full-service claims experience. With more than 20 years of insurance claims industry experience at ACE and its predecessor company, Ms. Glenn most recently served as Senior Vice President, North American Claims. Mr. Chesman has four decades of insurance industry claims experience, including more than 30 years at ACE. He most recently served as Multinational Claims Client Executive.

ACE Group Introduces New Employee Benefit Solution

ACE Group announced the launch of GAP Supplement, a new employee benefit solution that provides employers with a cost effective way to supplement their underlying major medical plans. The coverage provides employees with another level of financial protection toward mitigating the burden of out-of-pocket expenses. ACE's GAP Supplement product is an important addition to ACE Accident & Health's (A&H) comprehensive line of Supplemental Health and Voluntary Benefits products. Ranging from ACE's Hospital Buffer Plan, which helps employees manage the financial impact of a hospitalization, to Voluntary Accidental Death & Dismemberment (AD&D) Insurance, which provides high-limit 24 hour accident protection for employees and their families, ACE's broad suite of products offers employers a number of solutions to manage their employee benefit plans. ACE's GAP Supplement coverage complements an employer's medical plan by reimbursing employees for covered out-of-pocket expenses for which they are responsible: Hospital Benefit reimburses deductibles, coinsurance and other eligible out-of-pocket expenses for covered benefits incurred during inpatient hospitalization; Optional Outpatient Benefit reimburses eligible out-of-pocket expenses incurred for hospital emergency room visits (not admitted) and use of outpatient surgical, diagnostic testing and other similar facilities licensed to provide outpatient treatment; Optional Ambulance Benefit reimburses eligible out-of-pocket expenses incurred for transportation provided by a licensed ambulance company to the nearest hospital.

 

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Price/Sales 1.9x
Price/Book 1.2x
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TEV/Sales 1.3x
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