Tag Archives: Increased Profit

ACE Posts 27% Increased Profit

Zurich-based ACE Ltd. said its 2010 second-quarter profit increased 27 percent to $677 million compared with last year during the same time. Chairman and Chief Executive Officer Evan G. Greenberg said the profit increase is due to the company’s successful risk management, diversification and underwriting. ACE’s property and casualty underwriting income was $294 million compared with [...]