Top E&S/Specialty Stories
ACE Q1 Profit Soars on Rate Increases, Light Catastrophe Losses
By Chad HemenwayRates were up and catastrophe losses were relatively light, leading ACE Ltd. to nearly quadruple first quarter net income.
Among the characteristics that make the insurance business the granddaddy of financial services: Insurers are keen to the evolving needs of their clients and the way an ever-changing world impacts their business. Here, property and casualty insurance professionals will find valuable news and information for their specialty market clients.
Rates were up and catastrophe losses were relatively light, leading ACE Ltd. to nearly quadruple first quarter net income.