Financial / Investor Information
ACE in Ireland offers insurance through ACE European Group Limited. Brokers trading in Ireland are also able to access ACE's Lloyd's Syndicate 2488.
Financial statements
ACE European Group Limited (AEGL) is one of Europe’s leading commercial insurance and reinsurance players. With a gross written premium base in excess of £2.2 billion in 2010, AEGL provides a range of tailored property, casualty, accident, health and specialty personal lines insurance solutions for a diverse range of clients.
Download AEGL Annual Report 2010
Syndicate 2488, managed by ACE Underwriting Agencies Limited (AUAL) is one of the pre-eminent specialty insurers in Lloyd’s. With a gross written premium of just under £400 million in 2010 and a combined ratio of 83.8% AUAL demonstrates its core principles of underwriting discipline and cost control.
Download AUAL Annual Report 2010
Financial Strength
The ACE Group holds financial strength ratings of AA- (Very Strong) from Standard & Poor’s and A+ from A.M. Best on ACE's core operating insurance companies. Ratings on several major subsidiaries are also maintained. For ratings on individual ACE Group companies please refer to the ACE Group section of www.acegroup.com and choose an individual company.
ACE European Group Limited is rated AA- (Very Strong) by Standard & Poor's and A+ (Superior) by A.M. Best.
Syndicate 2488 benefits from financial strength ratings assigned to the Lloyd's market by the various rating agencies: A+ (Strong) from Standard & Poor’s, A (Excellent) from A.M. Best and A+ (Strong) from Fitch.
For further information on the Lloyd's ratings please visit www.lloyds.com.
For current ratings status, outlook and definitions please contact the relevant rating agency through the links listed below or contact ACE at investorrelations@acegroup.com.