ACE Ltd., the Swiss insurer with operations in more than 50 nations, authorized $1.5 billion of share buybacks to take place in 2015.
The plan replaces the authorization that expires at the end of this year, according to a statement today from ACE, the Zurich-based insurer led by Chief Executive Officer Evan Greenberg.
Copyright 2026 Bloomberg.
Was this article valuable?
Here are more articles you may enjoy.
Oaktree’s Deal to Buy A-Cap Insurer Crumbles, Spawning New Talks 
How One Hacker Used AI Agents, a Few Thousand Dollars to Break Into Websites 
Broad AI Exclusions in Insurance Policies Could Create Uncertainty, Marsh CEO Says 
All in the Family: Husband, Wife and Daughter Indicted for Insurance Fraud and Bribery 
