The Board of Directors of ACE Limited (NYSE: ACL) today declared a quarterly dividend of 9 cents per ordinary share, payable on October 16, 1998 to shareholders of record at the close of business on September 30, 1998.
The ACE group of companies provides insurance and reinsurance for a diverse group of international clients. Operating subsidiaries are based in Bermuda, the United States, the United Kingdom (Lloyd's), and the Republic of Ireland. At June 30, 1998, ACE Limited had approximately $3.5 billion in shareholders' equity and approximately $8.0 billion in assets.