Last €77.14 EUR
Change Today +0.88 / 1.15%
Volume 0.0
As of 4:55 AM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

ace ltd (AEX) Snapshot

Open
€77.15
Previous Close
€76.26
Day High
€77.15
Day Low
€77.14
52 Week High
07/7/14 - €78.10
52 Week Low
08/28/13 - €65.51
Market Cap
26.0B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
337.7M
EX-Date
07/21/14
P/E TM
--
Dividend
€2.59
Dividend Yield
2.29%
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. Its Insurance – North American P&C segment offers various property and casualty (P&C), accident and health, and risk management products and services; property, general, umbrella, and excess liability; workers’ compensation, homeowners, commercial and recreational marine, automobile liability, professional lines directors and officers, errors and omissions, surety, medical liability, environmental, inland marine, and aerospace insurance; and claims and risk management products and services. This segment also provides credit card enhancement programs; disaster protection insurance; medical managed care, integrated disability, and pre-loss control services; and salvage and subrogation, and health care recovery services. The company’s Insurance – North American Agriculture segment offers multiple peril crop insurance and crop-hail services, as well as farm and ranch, and specialty P&C commercial insurance products and services for companies that manufacture, process, and distribute agriculture products. Its Insurance – Overseas General segment writes various insurance products, including P&C, professional lines, marine, energy, aviation, political risk, specialty consumer-oriented products, and accident and supplemental health products. The company’s Global Reinsurance segment provides property catastrophe reinsurance to commercial and personal property insurers; traditional and specialty P&C reinsurance, including property risk, casualty, marine, aviation, and specialty reinsurance; and medical malpractice reinsurance. ACE Limited’ 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, 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 (AEX) Key Developments

ACE Limited Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

ACE Limited reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net premiums earned were of $4,332 million compared to $4,067 million for the same period a year ago. Net investment income was $556 million compared to $534 million for the same period a year ago. Net income was $779 million or $2.28 per diluted share compared to $891 million or $2.59 per diluted share for the same period a year ago. Operating income was $825 million or $2.42 per diluted share compared to $790 million or $2.29 per diluted share for the same period a year ago. After-tax operating income was driven by strong growth in underwriting and good investment income results, which together produced an operating ROE of about 12%. For six months, the company reported net premiums earned were of $8,302 million compared to $7,640 million for the same period a year ago. Net investment income was $1,109 million compared to $1,065 million for the same period a year ago. Net income was $1,513 million or $4.43 per diluted share compared to $1,844 million or $5.36 per diluted share for the same period a year ago. Operating income was $1,602 million or $4.69 per diluted share compared to $1,536 million or $4.46 per diluted share for the same period a year ago. Book value per common share was $90.19 compared to $84.83 for the same period a year ago.

Ace Group Expands European Surety Business to Benelux Region; Appoints Björn ending as Surety Underwriting Manager

ACE Group announced the launch of a suite of surety products in its Benelux region, as it continues to expand its surety capabilities in Continental Europe. Supported by its global network, ACE will offer a range of surety products for clients based in the Netherlands, Belgium and Luxembourg, including: Contract bid, performance and advance payment bonds; Customs bonds; Bonds to secure legal/regulatory obligations; Bonds to appeal adverse tax-related and civil judgments. The company appointed Björn ending as Surety Underwriting Manager. Björn ending will be responsible for the growth and development of ACE's surety capabilities in Benelux and support the continued development of ACE's European surety offering. Björn has over 17 years of experience in the surety, real estate and banking industries and joins ACE from Nationale Borg. He takes up this newly-created role with immediate effect and will be based in Rotterdam.

ACE Group Appoints Cora Klena as Senior Vice President, North American Marketing and Communications

ACE Group announced the appointment of Cora Klena as Senior Vice President, North American Marketing and Communications. Ms. Klena will be responsible for all marketing and communications activities for the company's North American businesses including public relations, event marketing, employee communications, print and digital marketing communications, and executing the company’s brand-related strategies in the United States and Canada. Ms. Klena will be based in Philadelphia and report to John Lupica, Vice Chairman of the company and Chairman, Insurance North America. She will report on a functional basis to Patrick McGovern, Senior Vice President and Chief Communications Officer for the company. Ms. Klena joins the company from SwissRe, where she served as Senior Vice President and Head of Corporate Communications for the Americas. In this role, she was responsible for all marketing and communications for the company's reinsurance, insurance and financial products businesses in the United States, Canada and Latin America. She previously served as a Senior Communications Partner for USAA in its life insurance operations and the office of the CFO, and as a Senior Communications Manager at ETrade.

 

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Price/Earnings 10.0x
Price/Sales 1.8x
Price/Book 1.2x
Price/Cash Flow 9.9x
TEV/Sales 1.2x
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