|Exchange:||New York Stock Exchange|
|Industry:||Insurance - Property & Casualty|
|ACE Ltd is a holding company which, until July 18, 2008, was incorporated with limited liability under the Cayman Islands Companies law. On July 10, 2008, and July 14, 2008, during the Company’s annual general meeting, the shareholders approved the continuation and the Company became a Swiss company effective July 18, 2008. The Company, through its various subsidiaries, provides insurance and reinsurance products to insured's. It operates through the following business segments: Insurance - North American, Insurance - Overseas General, Global Reinsurance, and Life Insurance and Reinsurance. The Insurance - North American segment comprises its P&C operation in the U.S., Canada, and Bermuda. ACE Westchester specializes in the wholesale distribution of excess, surplus, and specialty P&C products. ACE Bermuda provides commercial insurance products on an excess basis to a client base, covering exposures that are generally low in frequency and high in severity. ACE Private Risk Services provides personal lines for high net worth clients. ACE USA mainly distributes its insurance products through a limited number of brokers. In addition to using brokers, certain products are also distributed through channels such as general agents, independent agents, managing general agents, managing general underwriters, alliances, affinity groups, and direct marketing operations. ACE USA has also established Internet distribution channels for some of its products. Insurance - Overseas General comprises ACE International, its network of retail insurance operations outside North America, and the wholesale insurance operations of ACE Global Markets, its London-based excess and surplus lines business that includes Lloyd's Syndicate 2488. ACE International provides D&O, and professional indemnity coverage. Marine cargo and hull coverage are written in the London market as well as in marine markets. The A&H insurance operations provide products that are designed to meet the insurance needs of individuals and groups outside of U.S. insurance markets. ACE Life Re helps clients manage mortality, morbidity, lapse, and/or capital market risks embedded in their books of business.|
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