ACE Limited is the Swiss-incorporated holding company of the ACE Group, one of the world's leading providers of insurance. Established in 1985 by a consortium of 34 Fortune 500 companies to provide hard-to-find excess liability coverage, ACE was described by Institutional Investor magazine as "the biggest event in the insurance business since the Great Chicago Fire."
More than 20 years later, that description no longer seems like hyperbole: The ACE Group is one of a very few truly global commercial property and casualty insurance companies, with offices in more than 50 countries and jurisdictions, and correspondents in some 90 more. With assets of $72 billion, ACE trades on the New York Stock Exchange under the ticker symbol ACE and is covered by most of Wall Street's major securities houses.
And while ACE is just over 20 years old, the company is not without a rich heritage. As a result of our acquisition of CIGNA's global property and casualty operations in 1999, ACE traces its history back to 1792, when the Insurance Company of North America (INA) issued its first coverage on a shipment from the United States to Ireland.
Financial Strength and Credit Ratings
Standard & Poor's, A.M. Best Company, Moody's Investors Service and Fitch IBCA maintain financial strength and/or credit ratings on ACE Limited and its major subsidiaries. For a complete list of ACE ratings, see Rating Agency Ratings.
For additional information on the rating agencies, please contact them directly: