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Ace posts rise in 3Q profits

28 October 2009

Zurich-based insurer Ace Limited said late Tuesday it recorded a rise in third-quarter profit driven by improved underwriting results and a decline in losses related to catastrophes.

Read more: Ace Limited

Zurich-based insurer Ace Limited said late Tuesday it recorded a rise in third-quarter profit driven by improved underwriting results and a decline in losses related to catastrophes.

Ace’s third-quarter net profit increased to $494m, or $1.46 per...


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