Thursday, May 1, 2014

Seeking Alpha: ACE Still The Place For Reasonable Insurance Returns

Despite worries to the contrary, this earnings cycle has shown that well-run P&C insurance companies are still finding opportunities to grow their business and generate respectable returns. One of the large commercial insurers, ACE Ltd (ACE) has used its significant global footprint and its relatively low property exposure to continue generating good premium growth and underwriting profits. The P&C market is likely to soften further, likely shrinking management's ability to generate such favorable reserve developments down the line, but ACE shares still appear to offer some upside at these levels.

Read more here:
ACE Still The Place For Reasonable Insurance Returns

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