News: ACE Ltd (ACE.N)

ACE.N on New York Stock Exchange

106.90USD
24 Oct 2014
Price Change (% chg)

$1.50 (+1.42%)
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Wed, Oct 22 2014

As virus spreads, insurers exclude Ebola from new policies

* New policies and renewals to become costlier for at-risk clients

Fitch Affirms ACE Limited's Ratings; Outlook Stable

(The following statement was released by the rating agency) CHICAGO, August 29 (Fitch) Fitch Ratings has affirmed the ratings of ACE Limited and its subsidiaries (ACE). The Rating Outlook is Stable. A complete list of ratings follows at the end of this release. KEY RATING DRIVERS The ratings affirmation reflects ACE's continued strong operating performance despite competitive market conditions, strong balance sheet position and financial flexibility with moderate leverage, and diverse sour

Former Bear Stearns chairman Greenberg dead at 86

NEW YORK - Alan "Ace" Greenberg, the former chairman and chief executive officer of Bear Stearns Cos Inc, died on Friday at the age of 86 after a bout with cancer.

UPDATE 1-Former Bear Stearns chairman Greenberg dead at 86

NEW YORK, July 25 - Alan "Ace" Greenberg, the former chairman and chief executive officer of Bear Stearns Cos Inc, died on Friday at the age of 86 after a bout with cancer.

Former Bear Stearns chairman Greenberg dead at 86

NEW YORK - Alan "Ace" Greenberg, the former chairman and chief executive officer of Bear Stearns Cos Inc, died on Friday at the age of 86 after a bout with cancer.

Former Bear Stearns chairman Greenberg dead at 86

NEW YORK, July 25 - Alan "Ace" Greenberg, the former chairman and chief executive officer of Bear Stearns Cos Inc, died on Friday at the age of 86 after a bout with cancer.

UPDATE 2-Itau sells insurance unit to ACE, sees $497 mln profit boost

(Adds clarification from Itau that earnings boost is pretax)

Brazil's Itaú sees $497 mln earnings boost from ACE deal

SAO PAULO, July 4 - Itaú Unibanco Holding SA , Brazil's largest non-government bank, expects an earnings boost of 1.1 billion reais ($497 million) from the sale of its high-risk corporate insurance portfolio to global insurance company ACE Ltd, according to a Friday securities filing.

UPDATE 2-Packaging maker RPC to buy Hong Kong firm in Asia push

* To buy ACE Corporation Holdings for as much as $430 million

Packaging maker RPC to buy Hong Kong-based peer for $430 mln

May 1 - Plastic-packaging maker RPC Group Plc said it would buy Hong Kong-based ACE Corporation Holdings Ltd for as much as $430 million.

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