ACE Ltd: Key Developments

ACE Limited Declares Quarterly Dividend
November 19, 2009
ACE Limited announced that it has declared a quarterly dividend equal to $0.31 payable on January 11, 2010, to shareholders of record at the close of business on December 17, 2009.
ACE Limited Comments On Q4 2009 Revenue Guidance
October 27, 2009
ACE Limited announced that it expects meaningfully stronger revenue growth in the fourth quarter 2009 regardless of foreign exchange. According to Reuters Estimates, analysts were expecting the Company to report revenue of $2.990 billion for the fourth quarter 2009.
ACE Limited Announces New Operating Structure In UK And Ireland With Creation Of Two Distinct Business Segments
September 25, 2009
ACE Limited announced a new operating structure in the UK and Ireland with the creation of two distinct business segments. The two business segments are Major Risks and Corporate. These will focus on delivering responsive technical expertise and service support, aligned directly to the needs of brokers and clients in each of these segments. The segments will have dedicated underwriting and business development teams covering both P&C and A&H. The Corporate segment will focus on distribution to the UK and Ireland mid-corporate sector, providing brokers with access to the Company's broad P&C and A&H product and service proposition, with underwriting and sales activities for both classes working closely to ensure a seamless service. Pat Drinan, currently National Distribution & Development Director for UK & Ireland, will become Director of Corporate Risk. The Major Risks business segment is headed up by Phil Sharpe, Director of Casualty and Major Risks. This segment has already established its position by aligning the Major Risks team's capabilities, approach and structure to supporting its defined distribution partners. The aim is to affirm its position as a true market leader in the segment by implementing a clear client service culture continuing to offer brokers expertise and a responsive structure to support their needs.
ACE Limited Board Declares Quarterly Dividend
August 13, 2009
ACE Limited announced that the Board of Directors of ACE Limited declared a quarterly dividend equal to $0.31 payable on October 13, 2009, to shareholders of record at the close of business on October 1, 2009, subject to a required filing with the Swiss Commercial Register. Dividend payments will be made in USD by the Company`s transfer agent.
ACE Limited Lowers High End Of Prior FY 2009 EPS Outlook To A Range In Line With Analysts' Estimates-Conference Call
July 27, 2009
ACE Limited announced that for fiscal 2009, it now expects operating income per share (EPS) to range between $7.25-$8. According to Reuters Estimates, analysts were expecting the Company to report EPS of $7.50 for the same period.
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Page generated 11/23/2009 1:41 AM Eastern Time

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