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ACE Limited · Zurich Switzerland ·(NYSE: ACE)

Company Description

Bärengasse 32
Zurich
CH-8-001
Switzerland (Map)
Phone: +41-43-456-76-00
Fax: +41-43-456-76-01
Rankings
  • #369 in FT Global 500
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This is one ace that's not in the hole. Through subsidiaries, ACE Limited sells property and casualty insurance and reinsurance globally through independent brokers. Its North American operations offer commercial property and casualty insurance in Bermuda, Canada, and the US. Overseas, its ACE International network of local operations reach into the rest of the world where it sells property and casualty and specialty lines to personal and commercial clients. The company's ACE Tempest Re businesses provide reinsurance to property/casualty insurers in Canada, Europe, and the US. ACE's life insurance operations are focused in the US and other select markets. To read the full description, subscribe now.
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Key ACE Limited Financials

Company TypePublic - NYSE: ACE

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$13,632.0
2008 Employees15,000

ACE Limited Executives

69 executives listed for ACE Limited's Zurich,  location.
TitleName & BioContact
Chairman, President, and CEOEvan GreenbergNetwork
Vice Chairman, ACE Limited and ACE Group Holdings; CEO Insurance, North America; Chairman and CEO USA; Chairman Westchester; Chairman and President, ACE INA HoldingsBrian DowdNetwork
Global Operations Officer, ACE GroupRonald RintalaNetwork

Competition

Competitive Landscape for ACE Limited
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
Top ACE Limited Competitors
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