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ACE Limited (ACE)

100.16 Up 0.06(0.06%) 1:05PM EDT - Nasdaq Real Time Price
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ACE Limited
Baerengasse 32
Zurich, 8001
Switzerland - Map
Phone: 41 43 456 76 00

Index Membership:N/A
Industry:Property & Casualty Insurance
Full Time Employees:20,000

Business Summary 

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.

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Corporate Governance 
ACE Limited’s ISS Governance QuickScore as of Jul 1, 2014 is 7. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 4; Compensation: 7.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Evan G. Greenberg , 59
Chairman, Chief Exec. Officer, Pres and Chairman of Exec. Committee
Mr. Philip V. Bancroft , 54
Chief Financial Officer
Mr. John W. Keogh , 49
Vice Chairman, Chief Operating Officer, Chairman of Ace Overseas Gen. and Chief Exec. Officer of Overseas Gen. Operations
Mr. Sean Ringsted , 50
Chief Actuary and Chief Risk Officer
Mr. John J. Lupica , 48
Vice Chairman, Chairman of Insurance for North America and Pres of ACE USA
Amounts are as of Dec 31, 2013 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.
Currency in USD.
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