Last €74.36 EUR
Change Today -1.22 / -1.61%
Volume 0.0
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Symbol
Exchange
Frankfurt
As of 2:00 AM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

ace ltd (AEX) Snapshot

Open
€74.36
Previous Close
€75.58
Day High
€74.36
Day Low
€74.36
52 Week High
07/7/14 - €78.10
52 Week Low
08/28/13 - €65.51
Market Cap
25.0B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
335.7M
EX-Date
07/21/14
P/E TM
--
Dividend
€2.58
Dividend Yield
2.39%
Current Stock Chart for ACE LTD (AEX)

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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, 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 Life Names Jeffrey as Chief Agency Officer for Hong Kong

ACE Life names new chief agency officer for Hong Kong. Reporting to Allan Lam, country president of ACE Life in Hong Kong, Jeffrey, in his role will be accountable for overall agency management. With extensive experience in insurance and management, Jeffrey was most recently working as deputy regional chief agency officer of an international insurer. Prior to that, Woo was the director of a global professional services company, specializing in advising various insurance companies on their agency growth initiatives; he had also worked at many global life insurers.

ACE Limited Approves Dividend

At the company's 2014 annual general meeting, the shareholders of ACE Limited approved a dividend in the form of a par value reduction payable in four quarterly installments. The dividend approval provides for an annual par value reduction of CHF 2.28, which was equal to USD 2.60 per share, or USD 0.65 per quarter, at the time of the annual general meeting.

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.

 

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Price/Earnings 10.2x
Price/Sales 1.8x
Price/Book 1.1x
Price/Cash Flow 10.0x
TEV/Sales 1.2x
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