The 39th annual seminar of the International Insurance Society (IIS), hosted by the Insurance Information Institute, is scheduled to be held July 13-16, 2003 at the Waldorf-Astoria in New York. Among the issues to be discussed by many of the …
Bermuda’s ACE Limited reported that its net income (including realized losses) for the quarter ended March 31, 2003 totaled $247 million, compared with net income of $198 million for the comparable period a year ago. Other highlights for the quarter …
The ‘elephantine mass of asbestos cases’ lodged in state and federal courts, we again recognize, ‘defies customary judicial administration and calls for national legislation,’” wrote Justice Ruth Bader Ginsburg in the U.S. Supreme Court’s recent decision in the case of …
The ‘elephantine mass of asbestos cases lodged in state and federal courts, we again recognize, ‘defies customary judicial administration and calls for national legislation,’” wrote Justice Ruth Bader Ginsburg in the U.S. Supreme Court’s recent decision in the case of …
Bermuda’s ACE Limited announced the launch of an integrated communications campaign emphasizing the insurance company’s ability to provide global protection for its clients around the world. “The message is clear,” said the company; “ACE is one of the few companies …
Brian Duperreault, Chairman and CEO of Bermuda-based ACE Limited announced that Robert A. Blee, currently Chief Accounting Officer, will assume the newly-created position of Chief Compliance Officer, which will include responsibility for monitoring and enhancing ACE’s internal controls on a …
ACE Limited announced today that Roberto Mendoza has resigned as a director of ACE, following his appointment as Chairman of the Board and Managing Director of Integrated Finance Limited (“IFL”), which the bulletin described as “a solutions-driven and client-oriented wholesale …
Bermuda’s ACE Limited reported net income, including realized losses, for 2002 of $77 million, compared with a net loss of $146 million for 2001. The insurer’s net operating income for the full year was $511 million, compared with a loss …
ACE Limited announced that it will incur a net after-tax charge to earnings of $354 million ($1.32 per share) in the fourth quarter of 2002, as a result of the need to strengthen reserves due to increased asbestos and environmental …
ACE Limited announced that, as a part of their five-year commitment to aid the families of victims of the Sept. 11 tragedy in the United States, the company has chosen The Salvation Army to be the second recipient of $1,000,000 …
