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Literacy Day: Elliot Primary Partners With ACE

Literacy Day: Elliot Primary Partners With ACE

On Friday 17 June 2011 Elliot Primary School held its second annual Literacy Day. Throughout the day students participated in various reading activities designed to encourage them to improve their literacy skills. The event was organised by teachers and parents, together with ACE employees who participated in the Literacy Day as a part of the ACE Employee... Read more of this article

ACE Foundation Announce Scholarship Awards

ACE Foundation Announce Scholarship Awards

The 2011 Robert Clements/ACE Scholarship has been awarded to Andrew Fleming. Andrew, a 17-year old CedarBridge Academy graduate was selected out of 51 candidates for the award. With a near perfect grade point average of 3.98, the highest GPA in the history of CedarBridge, Andrew will commence a Bachelor of Arts degree majoring in Economics at Mount... Read more of this article

ACE Receives Investors in People Silver Award

ACE Receives Investors in People Silver Award

The ACE Group in Bermuda announced its successful recertification as an Investors in People organization with Silver status. Attainment of Investors in People Silver acknowledges that ACE consistently performs above and beyond the Investors in People Standard and demonstrates the company’s commitment to employee development and business improvement. The... Read more of this article

ACE Appoints John Keogh To Position Of COO

ACE Appoints John Keogh To Position Of COO

ACE Limited announced today [June 2] that John Keogh, Vice Chairman, ACE Limited, and Chairman, ACE Overseas General, has been appointed to the additional position of Chief Operating Officer, ACE Limited. Mr. Keogh will be responsible for all property and casualty [P&C] insurance operations of the company globally, which includes the Insurance –... Read more of this article

Academy Award Winner: ‘Bermudian Journey’

Academy Award Winner: ‘Bermudian Journey’

Opening to coincide with Bermuda’s Heritage Month, the ‘Bermudian Journey’ exhibit at the ACE Gallery features the photographic work of Academy Award winning Cinematographer Karl Struss taken when he visited Bermuda in the late 1950s. Mr Struss first visited Bermuda in 1912. Enchanted with the island, he returned in the fall of 1913 to... Read more of this article

ACE Forum: Spotlight on Women Leaders

ACE Forum: Spotlight on Women Leaders

In celebration of the 100th anniversary of International Women’s Day, the ACE Women’s Forum (AWF) hosted a forum entitled: Spotlight on Women Leaders: Past, Present and Visions for the Future. The Forum took place on Thursday 24 March at the ACE Building, Hamilton. A distinguished panel of Bermuda’s women leaders shared their personal experiences... Read more of this article

ACE Japan Quake Estimate: $200-$250 Million

ACE Japan Quake Estimate: $200-$250 Million

Today [Mar.16] ACE Limited announced that preliminary net after-tax losses in the first quarter from natural catastrophes, including the New Zealand earthquake, Australian floods, Cyclone Yasi, and the U.S. winter storms, are estimated to be $210 million. ACE also estimated losses in the first quarter related to the Japanese earthquake event will range... Read more of this article

NZ Quake Rocks Bermuda Reinsurer Shares

NZ Quake Rocks Bermuda Reinsurer Shares

Bermuda reinsurers will experience aftershocks from the 6.3-magnitude earthquake which devastated parts of the New Zealand city of Christchurch yesterday [Feb.21], killing more than 60 people. “It is just a scene of utter devastation,” New Zealand’s Prime Minister John Key said. “We may well be witnessing New Zealand’s... Read more of this article

Ace: ‘Strong Finish To Excellent Year’

Ace: ‘Strong Finish To Excellent Year’

Despite what its chairman called “a challenging operating environment”. Bermuda headquartered Ace Ltd. posted a billion dollar profit for the fourth quarter of 2010, up five percent from a year ago . In a statement issued yesterday [Feb. 2] Zurich-based Ace reported net income for the quarter ended December 31, 2010, of $2.92 per share,... Read more of this article

ACE Acquires NY Life’s Operations in Korea

ACE Acquires NY Life’s Operations in Korea

ACE Limited announced yesterday [Feb 1] that it has completed its acquisition of New York Life’s Korea operations for approximately $75 million in cash. The original October 2010 purchase agreement with New York Life was amended to allow for separate closings for the Korea and Hong Kong operations. The Hong Kong portion of the transaction is expected... Read more of this article

Ace A Good Bet Despite Egyptian Chaos

Ace A Good Bet Despite Egyptian Chaos

Ace Ltd., which has its global headquarters in Bermuda, has more than sufficient capital to withstand claims emerging from current turmoil in Egypt [pictured] – and investors are being encouraged to buy the insurer’s shares by analysts at Credit Suisse. Bloomberg reports today [Jan. 31] that Credit Suisse is recommending Ace to investors because because... Read more of this article