ACE Limited
Philadelphia, PA (Pennsylvania) US
Insurance Companies, Business Planning Financial Services, Reinsurance Agents, Risk Management Consultancy or Services...
TEL: +215 640 1000
FAX: +215 640 2489
Total : 2 View more »
Philadelphia, PA (Pennsylvania) US
Insurance Companies, Business Planning Financial Services, Reinsurance Agents, Risk Management Consultancy or Services...
TEL: +215 640 1000
FAX: +215 640 2489
Total : 1 View more »
Guy Carpenter & Company, a risk and reinsurance player, has entered into an agreement to buy all of the issued shares of the London-based reinsurance broker, Rattner Mackenzie from HCC Insurance (HCC), a specialty insurance group headquartered in Houston, Texas.
Total : 12 View more »
Nov 20, 2009 (Wall Street Horizon via COMTEX) --
ACE Limited (ACE)
Expected next earnings release: Announcement date: 2/2/2010 - After Market Earnings Quarter: Q4 Announcement Status: Unconfirmed
Expected next dividend: Dividend Announcement Date: 11/19/2009 Dividend Record Date: 12/17/2009 Dividend Pay Date: 1/11/2010 Dividend Amount: 0.31
Tags: corporate dividend earnings market
Companies: ACE Ltd. (ACE)
ZURICH, Nov 19, 2009 (BUSINESS WIRE) --
The Board of Directors of ACE Limited (NYSE: ACE) today declared a quarterly dividend equal to $0.31 payable on January 11, 2010, to shareholders of record at the close of business on December 17, 2009, subject to a required filing with the Swiss Commercial Register. Dividend payments will be made in United States dollars (USD) by the company's transfer agent.
The company's par value is currently 32.20 Swiss francs (CHF) per share, and in connection with the dividend the par value per share will be reduced on the record date by the CHF equivalent of $0.31 based on the USD/CHF rate published on December 14, 2009. This will be the third of four par value reduction installments as approved by the company's shareholders on May 20, 2009.
The ACE Group is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at: www.acelimited.com.
Cautionary Statement Regarding Forward-Looking Statements:
Forward-looking statements made in this press release, such as statements regarding dividend payments and record date, reflect the company's current views with respect to future events and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, which may cause actual results to differ materially from those set forth in these statements. For example, the company's forward-looking statements about its dividend payments could be affected by extraordinary currency fluctuations leading to reduction in the USD value of the dividend pursuant to the dividend cap approved by the company's shareholders and described in the company's proxy statement dated April 7, 2009; or delay in filing or acceptance of filing of the necessary amendments to the company's Articles of Association which makes the record date official. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: ACE Limited
ACE Limited Investor Contact: Helen M. Wilson, 441-299-9283 helen.wilson@acegroup.com or Media Contact: Stephen M. Wasdick, 212-827-4444 stephen.wasdick@acegroup.com
Tags: business commercial currency dividend insurance nyse reinsurance securities united states
Companies: ACE Ltd. (ACE)
Nov 19, 2009 (Wall Street Horizon via COMTEX) --
ACE Limited (ACE)
Expected next earnings release: Announcement date: 2/2/2010 - After Market Earnings Quarter: Q4 Announcement Status: Unconfirmed
Expected next dividend: Dividend Announcement Date: 11/19/2009 Dividend Record Date: 12/17/2009 Dividend Pay Date: 1/11/2010 Dividend Amount: 0.31
Tags: corporate dividend earnings market
Companies: ACE Ltd. (ACE)
Oct 15, 2009 (Fresh Brewed Media via COMTEX) --
ACE Limited (NYSE: ACE) closed yesterday at $54.73. So far the stock has hit a 52-week low of $30.92 and 52-week high of $59.36. ACE stock has been showing support around 53.51 and resistance in the 55.41 range. Technical indicators for the stock are Bullish and S&P gives ACE a positive 4 STAR (out of 5) buy rating. ACE appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at a Jan '10 55 covered call (ACE AK) for a net debit in the $51.88 area. That is also the break even stock price for this trade. This covered call has a 93 day duration, provides 5.21% downside protection and a 6.01% assigned return rate for a 23.60% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the ACE Jan '11 30 Call (VQZ AF) and selling the Jan '10 55 call (ACE AK) for a $22.05 debit. The trade has a 93 day life and would provide 4.90% downside protection and a 13.38% assigned return rate for a 53.00% annualized return rate (for comparison purposes only). ACE has a current annual dividend yield of 2.29%.
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Tags: investment opinion nyse research S&P trade yield
Companies: ACE Ltd. (ACE)
Total : 254 View more »
The ACE Group of Companies is one of the world's leading global commercial property and casualty insurance and reinsurance organizations. ACE has operations in more than 50 countries and conducts business with clients from over 140 countries.
ACE Limited, a global insurance provider with 16 subsidiaries across 60 global locations, was looking to redesign its website. This was particularly challenging due to a lack of consistency in brand standards and product offerings across the ACE network.
http://www.thinkinc.com/html/marketing_case_studies/ace_limited/index.html
San Diego - – Published today by ICON Group International, Ltd. Two of the most comprehensive studies to date on labor productivity and vertical gap analysis benchmarks for ACE Ltd. (NYSE: ACE).
Dominic Frederico is President and Chief Executive Officer of Assured Guaranty Ltd., a position he has held since December 2003. Before taking up his current appointment, Mr.
Total : 61,200,000 View more »
The ACE Group is one of the world’s leading global commercial property and casualty insurance and reinsurance organizations.
Careers at ACE : We draw on worldwide talent to create and develop our outstanding and diverse workforce. With our broad range of career opportunities, culture of excellence and ...
ACE Skeleton and Tubular stocks are designed to be completely modular. That is, any ACE Modular Stock can be attached to any Receiver Adapter ACE ...
ACE Limited is the Swiss-incorporated parent company of the ACE Group and is listed on the New York Stock Exchange (NYSE: ACE). The ACE Group has executive offices in Zurich ...