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Saturday, November 28, 2009, 7:10AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
ACE Limited (ACE)On Nov 27: 48.18  Down 1.67 (3.35%)  
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ACE Limited
Barengasse 32
Zurich,  8001
Switzerland - Map
Phone: 41 43 456 76 00
Fax: 41 43 456 76 01
Web Site: http://www.acelimited.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Property & Casualty Insurance
Full Time Employees:15,000

BUSINESS SUMMARY 
ACE Limited operates as a global commercial property and casualty insurance and reinsurance organization. The company serves the property and casualty insurance needs of various businesses in a range of industries. ACE also provides specialized insurance products, such as personal accident, supplemental health, and life insurance to individuals in select countries. Its reinsurance operations include both property and casualty, and life companies. The company has operations in approximately 50 countries and conducts business with clients from approximately 140 countries. Its Insurance North American segment provides general, excess, automobile, and medical liability; property, workers’ compensation, commercial marine, professional, aerospace, and accident and health coverage; claims and risk management products and services; and medical managed care, integrated disability, and pre-loss control services. ACE’s Insurance Overseas General segment writes various insurance solutions, including property and casualty, professional lines, marine, energy, aviation, political risk, specialty consumer-oriented products, and accident and health. Its Global Reinsurance segment provides property catastrophe reinsurance to commercial and personal property insurers; proportional property and per risk excess of loss treaty reinsurance; and traditional and specialty property, casualty, marine, aviation, and medical malpractice reinsurance. The company’s Life Insurance and Reinsurance segment offers traditional life reinsurance and life insurance products, including whole life, endowment plans, universal life, individual and group term life, personal accident, and variable annuity contracts. ACE distributes its products through retail and wholesale brokers, various agents, managing general underwriters, alliances, affinity groups, direct marketing, and Internet distribution channels. The company was founded in 1985 and is headquartered in Zurich, Switzerland.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Evan G. Greenberg , 53
    Chairman, Chief Exec. Officer, Pres and Chairman of Exec. Committee
    $ 4.10M $ 0
    Mr. Brian E. Dowd CPCU, 46
    Vice-Chairman, Chairman of ACE USA, Chairman of ACE Westchester Specialty and Chief Exec. of Insurance - North American Region
    $ 1.58M $ 460.00K
    Mr. Philip V. Bancroft , 49
    Chief Financial Officer
    $ 1.39M $ 0
    Mr. John W. Keogh , 44
    Chief Exec. Officer of Overseas Gen. Operations
    $ 1.43M $ 23.00K
    Mr. Robert F. Cusumano , 52
    Sec. and Gen. Counsel
    $ 1.08M $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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