ACE Limited (NYSE:ACE) said today that its global headquarters, which are located in Hamilton, Bermuda, were undamaged by the effects of Hurricane Fabian and will be open for business as of Monday, September 8.
Hurricane Fabian, a Category 3 system with winds in excess of 140 miles per hour, passed directly over Bermuda on Friday, September 5, causing loss of life and widespread, significant property damage.
“We’ve received no reports that any of our employees were injured during the storm and for this we are particularly grateful,” said Brian Duperreault, Chairman and Chief Executive Officer of ACE Limited. “We know that this has been a traumatic event for our staff and their families and we expect that it will be a few days before our entire Bermuda workforce of 300 is able to return to work. However, ACE’s operations in Bermuda are fully functional and we are ready to resume business on Monday.”
The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients. The ACE Group conducts its business on a global basis with operating subsidiaries in nearly 50 countries. Additional information can be found at: www.acelimited.com.