ACE Limited reported record operating income for the quarter and nine months ending September 30, 2014. Third quarter after-tax operating income of $2.64 per share was up 6% from the prior-year period. The property and casualty (P&C) combined ratio was 86.3% in the quarter while operating ROE was 12.6%. Read more.
Evan Greenberg, Chairman and Chief Executive Officer of ACE Limited has been named Insurance Executive of the Year by Saint Joseph’s University’s Academy of Risk Management and Insurance (ARMI). Read more.