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STANDARD & POOR’S REAFFIRMS ACE’S A+ FINANCIAL STRENGTH RATINGS; OUTLOOK REMAINS STABLE
ZURICH, Switzerland ,
October 18, 2008
ACE Limited (NYSE: ACE) announced today that on Friday, October 17, Standard & Poor's reaffirmed all of ACE's financial strength and counterparty credit ratings. All of the company’s S&P ratings, including its A+ Financial Strength rating for the core operating companies, were reaffirmed. S&P also confirmed that the outlook on all ACE companies remains stable.
The ACE Group of Companies is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited, the ACE Group of Companies conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at: www.acelimited.com.
Contact Information
Investor Contact: Helen M. Wilson (441) 299-9283 helen.wilson@ace.bm
Media Contact: Stephen Wasdick (212) 827-4444 stephen.wasdick@ace-ina.com
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