Edition:
United States

Profile: ACE Ltd (ACE)

ACE on New York Consolidated

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Chubb Limited (Chubb), formerly ACE Limited, incorporated on July 18, 2008, is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products to insureds across the world. The Company’s segments include North America Commercial P&C Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance. It provides traditional and specialty property and casualty (P&C) coverage for industrial, commercial and mid-market companies with claims and risk engineering capabilities to serve companies of various sizes. Its commercial P&C business is focused on various corporate customers that are served by retail brokers, middle market and small commercial companies served by retail independent agents and brokers, and specialty excess and surplus lines distributed through wholesale brokers. On the consumer insurance side, it offers a range of products for individual consumers and their families that include automobile, homeowners, fine art, planes and boats, personal liability, cell phones, accident, travel, supplemental health and life insurance.

The Company’s accident and health (A&H) business consists of personal accident and supplemental health coverage typically sold as either a group benefit through employer plans or as special insurance protection offerings from various organizations for its members and customers. It sells its A&H products through a range of channels, including independent agents, brokers, tied agents, direct marketing and bank branches. The Chubb's international life operations (Chubb Life) is focused on Asia and primarily uses agency and bancassurance distribution. Chubb Tempest Re, its global reinsurance business, provides a range of traditional reinsurance coverage to a range of primary P&C companies. This business is offered across the world through various business units in Bermuda, North America, Europe, and Asia, with its core focus on property catastrophe reinsurance and other lines.

The North America Commercial P&C Insurance segment includes the business written by Chubb divisions that provide P&C insurance and services to large, middle market and small commercial businesses in the United States, Bermuda and Canada. These divisions write a range of coverages, including traditional commercial property, marine, general casualty, workers’ compensation, package policies and risk management; specialty categories, such as professional lines, marine and construction risk, environmental and cyber risk, excess casualty, as well as A&H insurance. This segment includes its North American Accounts and Specialty Insurance (primarily corporate accounts and wholesale business), and the North American Commercial Insurance divisions (primarily middle market and small commercial accounts). The North America Personal P&C Insurance segment includes the business written by Chubb’s North America Personal Risk Services division, which consists of Chubb high net worth personal lines business and ACE Private Risk Services, with operations in the United States and Canada. This segment provides individuals and families with homeowners, automobile, valuables, umbrella and recreational marine insurance and services.

The North America Agricultural Insurance segment includes the business written by Rain and Hail Service, Inc. which provides multiple peril crop and crop-hail insurance, and Chubb Agribusiness, which offers farm and ranch property, as well as specialty P&C coverages, including commercial agriculture products. The Overseas General Insurance segment includes the business written by approximately two Chubb divisions that provide P&C insurance and services in over 50 countries outside of North America, where it operates. It consists of Chubb International and Chubb Global Markets (CGM). Chubb International provides commercial P&C traditional and specialty lines serving various corporations, middle market and small customers, A&H and traditional and specialty personal lines through retail brokers, agents and other channels locally around the world. Chubb Global Markets provides commercial P&C excess and surplus lines and A&H through wholesale brokers. These divisions write a range of coverages, including traditional commercial property and casualty, and specialty categories, such as financial lines, marine, energy, aviation, political risk and construction risk, as well as A&H and traditional and specialty personal lines. The Global Reinsurance segment primarily includes the reinsurance business written by Chubb Tempest Re, as well as the legacy Chubb U.K. assumed reinsurance business, which is a Chubb run-off Reinsurance business. The Life Insurance segment includes the business written by Chubb Life, Chubb Tempest Life Re and Combined Insurance’s North America operations.

Company Address

ACE Ltd

Baerengasse 32
ZUERICH     8001
P: +4143.4567600

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