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The ACE Group

The ACE Group is one of the world’s largest providers of commercial property and casualty insurance and reinsurance. With its core operating companies rated A+ for financial strength by Standard & Poor’s and A.M. Best, and with more than $72 billion in assets and $19 billion of gross written premiums in 2008, the ACE Group is distinguished by its underwriting expertise, superior claims handling and global franchise, which includes offices in more than 50 countries and clients in over 140 countries.

The insurance companies of the ACE Group serve a diverse range of clients: multinational corporations and local businesses with property and casualty exposures; companies and affinity groups looking to provide or offer accident and health insurance programs and life insurance to their employees or members; insurers seeking reinsurance coverage; and individuals purchasing life, personal accident, supplemental health and high-valued homeowners, automobile and umbrella insurance.

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 maintains executive offices in Zurich, Bermuda and New York, among other locations, and employs more than 15,000 people worldwide.


2008 Financial Highlights
(in millions of U.S. dollars except ratios)

   Operating income                               $ 2,591

   Net income                                           $ 1,197

   Shareholders’ equity                         $14,446

   Return on equity                                    16.8%

   Combined ratio                                      89.6%

For more information on the ACE Group, click here.
     
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