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ACE Ltd. (ACE)

On Nov 24: 49.82 USD   0.00 (0.00%)  
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ACE Ltd.
17 Woodbourne Avenue
Hamilton,  HM 08
Phone: 441-295-5200
Fax: 441-295-5221
Web Site: http://www.acelimited.com

DETAILS
Index Membership: S&P 500
S&P 1500 Super Comp
Sector: Financial
Industry: Property & Casualty Insurance
Employees (last reported count): 10,000

BUSINESS SUMMARY
ACE limited and its subsidiaries provide a range of property and casualty insurance and reinsurance products to commercial and individual customers worldwide. It operates in four segments: Insurance North American, Insurance Overseas General, Global Reinsurance, and Life Insurance and Reinsurance. The Insurance North American segment provides general liability, excess property, workers' compensation, general and automobile liability, professional lines, aerospace, and accident and health coverage, as well as claims and risk management products and services. This segment also provides various personal accident, health, and travel insurance coverage; and medical managed care, integrated disability services, preloss control and risk management services, and other related services. The Insurance Overseas General segment writes property, casualty, professional lines, marine, energy, aviation, political risk, consumer-oriented products, and accident and health coverages primarily in the Asia Pacific, the Far East, Latin America, and Europe. The Global Reinsurance segment provides property catastrophe reinsurance to insurers of commercial and personal property; proportional property; and per risk excess of loss treaty reinsurance products; traditional and specialty property, casualty, marine, aviation, and medical malpractice reinsurance products. The Life Insurance and Reinsurance segment provides traditional life reinsurance and various life insurance products, including whole life, endowment plans, universal life, personal accident, and term life policies. The company distributes its products through retail and wholesale brokers, general agents, independent agents, managing general agents, managing general underwriters, direct marketing operations, and Internet distribution channels. ACE Limited was founded in 1985 and is headquartered in Hamilton, Bermuda.
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    OFFICERS
      Pay Exercised
    Mr. Evan G. Greenberg , 52
    Chairman, Chief Exec. Officer, Pres and Chairman of Exec. Committee
    N/A N/A
    Mr. Gary Schmalzriedt , 61
    Chairman of ACE Overseas Gen., Chairman of ACE INA Holdings and Chief Exec. Officer of ACE Overseas Gen.
    N/A N/A
    Mr. Brian E. Dowd CPCU, 45
    Chairman of ACE USA, Chairman of ACE Westchester Specialty and Chief Exec. of Insurance - North American Region
    $ 1.58M $ 320.00K
    Mr. Philip V. Bancroft , 48
    Chief Financial Officer
    N/A N/A
    Mr. Paul Medini , 50
    Chief Accounting Officer
    $ 800.00K N/A
    Dollar amounts are as of 31-Dec-06 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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