ACE Insurance Limited

Level 3
28-34 O’Connell Street
Sydney
Australia
Fax: 61 2 9335 3411
www.aceinsurance.com.au


Turnover: 161.95 (US$m)
Financial year end: December

Company Overview

ACE Insurance Limited (ACE Insurance) is an insurance provider, engaged in providing insurance and reinsurance services. The company offers insurance products for property, liability, fire, casualty, marine, accident and health. In addition, ACE Insurance provides financial services for onshore and offshore energy markets; construction and operation of power plants; and oil and gas refining. The company operates in Sydney, Melbourne, Brisbane, Adelaide and Perth. ACE Insurance is headquartered at Sydney in New South Wales, Australia.

The claims division of the company specializes in liability, fire and property, marine, accident, health and financial lines. ACE Insurance offers risk management services in areas of fire protection engineering, power generation, marine cargo, products and general liability. The company also focuses on underwriting of general insurance and the investment of funds.

The company recorded revenues of A$193.03 million during the fiscal year ended December 2007, an increase of 3.0% over 2006. The net profit of the company was A$16.28 million during the fiscal year 2007, a decrease of 71.2% over 2006.

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