BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

ACE profits double in 2006


HAMILTON, Bermuda--ACE Ltd. registered net income of $2.31 billion last year, up from $1.03 billion a year earlier, the Bermuda-based insurer announced Monday.

Underwriting income rose to $1.46 billion for last year, compared with $110 million in 2005, according to ACE. Net written premiums rose to $12.03 billion from $11.79 billion a year earlier.

The insurer's combined ratio improved to 88.1% in 2006 from 99.5% a year earlier.

The report included fourth-quarter net income of $665 million, up from $236 million during the same period in 2005.