ACE expects Q4 results to be worse than expected, joins S&P 500 Index

By David Marchant

23 years ago

Topics

Bermuda Insurance Listed Securities

Keywords

ACE Ltd. Bermuda Insurance Market

ACE Ltd. announced on January 8, 2002 that its fourth quarter net operating income will fall below expectations.
ACE said its results had been adversely affected by an increase of approximately $80 million, after taxes, in property losses incurred in its European Commercial Property portfolio.

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