ACE Limited (NY: ACE)
100.94 USD  -0.43 (-0.42%)
Streaming Delayed Price  /  Updated: 4:01 PM EDT, Apr 17, 2014  /  Add to My Watchlist      
(ACE) Community Analysis from
April 17, 2014
(Stock Blog Hub, 7/31/13)
The shareholders of ACE Limited (ACE), at the extraordinary general meeting held on May 16, 2013, approved the board’s proposal to hike the quarterly dividend to 51 cents. The increased...(read more)
(Stock Blog Hub, 4/21/13)
The ACE Group, a leading multiline property and casualty insurer under ACE Limited (ACE), launched an agriculture property and casualty insurance business— ACE Agribusiness. The Ace...(read more)
(Stock Blog Hub, 4/27/13)
ACE Limited (ACE) has launched a $95 million special purpose vehicle— Altair Re, to strengthen it global reinsurance business. The launch of Altair Re will help the company meet the...(read more)
Ace (ACE) Company Overview

ACE Limited (NYSE:ACE) writes insurance policies including property & casualty and accident & health insurance as well as professional policies like errors & omissions or directors & officers insurance (protecting companies and their employees from the potential liabilities associated with lawsuits from clients, stakeholders, etc.). The company was founded by 34 Fortune 500 companies that were worried about rising premiums and a failure to find takers for some large-risk policies. Thus ACE has a history of insuring largely low-frequency, high-severity risks for institutional customers.[1]

ACE has diversified in the past decade into sectors such as energy, financials, healthcare, retail, aerospace, and transportation, signaling that the playing field is open for a wide array of potential new business. ACE has focused on maintaining underwriting profitability by insuring risks that are high in severity but low in frequency (e.g. E&O policies, catastrophe insurance, etc.). Such fat tail risks can be very difficult to assess, and often the ultimate day of reckoning can be far in the future, distorting present results and leading to wide fluctuations in year-to-year results.[2]

(Read more at Wikinvest )

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