Wednesday, May 08, 2024

Events | 2010.03.19

ACE Announces Preliminary Catastrophe Loss Estimates

ZURICH, Switzerland--(BUSINESS WIRE)--ACE Limited (NYSE: ACE) announced today that estimated net after-tax losses in the first quarter for the ACE Group of insurance and reinsurance companies from natural catastrophes, including the earthquakes in Chile and Haiti, European windstorm Xynthia, the Madeira floods in Portugal, the Australian hailstorms, U.S. winter storms and other CAT events globally, will be approximately $125 million, including reinstatement premiums. Of this total, approximately

 

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