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S&P maintained its “A+” (Strong) financial strength rating on ACE’s core operating insurance companies, as well as its positive outlook on the rating—meaning that a rating upgrade is possible within the next year. ACE is currently one of only three carriers with a positive outlook from S&P, among 43 U.S. commercial lines insurers rated. Supporting its rating decision, S&P’s credit analysis report cited a number of ACE’s strengths, including its global presence, diversification by product line and sector, very strong operating performance and liquidity, conservative investment portfolio, and strong capital adequacy and enterprise risk management. S&P also reaffirmed the counterparty credit rating for ACE Limited of “A-“ (Strong), also with a positive outlook.
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