Evan G. Greenberg

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  Hard Market? Top Industry Leaders Comment on Pricing-- Slideshow

  By Phil Gusman, PropertyCasualty360.com  |  May 24, 2012

  With 2012’s first quarter in the books, executives and industry observers have noted that property and casualty pricing remains on the upswing. Following are observations from industry leaders made during conference calls and in recent analyses in response to 2012 first-quarter results.

• ACE’s Greenberg: Risk-Taking Thwarted by Government

  By Chad Hemenway, PropertyCasualty360.com  |  April 10, 2012

  Evan G. Greenberg, chairman and chief executive officer of ACE, says governments in the United States and Europe erroneously believe they can create prosperity in the private sector.

• ACE 4Q Net Income Down 25%; Down 49% for Year

  By Staff Writer  |  February 1, 2012

  ACE Limited says 2011 fourth-quarter net income declined 25 percent to $750 million, as catastrophe losses more than doubled compared to the 2010 fourth quarter, when net income was $1 billion.

• 3Q Earnings: ACE Posts Loss, AFG Falls, Arch Gains

  By Chad Hemenway, PropertyCasualty360.com  |  October 26, 2011

  ACE Ltd. says financial-market volatility in the credit, equity and foreign exchange markets impact third-quarter net income, as the company reports a $31 million third-quarter loss.

• ACE 2Q Net Income Falls 10% on $134M in Cat Losses

  By Mark E. Ruquet, PropertyCasualty360.com  |  July 27, 2011

  Zurich, Switzerland-based insurer ACE Ltd. says second quarter net income decreased 10 percent primarily on catastrophe losses.

• ACE Net Income Breaks $1B Mark In 4Q

  By Mark E. Ruquet, PropertyCasualty360.com  |  February 4, 2011

  Zurich, Switzerland-based insurer ACE Ltd. reported that fourth-quarter net income rose 5 percent, breaking the $1 billion mark in a quarter for the first time.

• RLI, HIIG, Enstar, Everest Involved In M&A Deals

  By Staff Writer  |  January 10, 2011

  Merger-and-acquisition activity is heating up in the specialty lines insurance segment, with several carrier deals announced in the last few weeks.

• ACE Completes Deal For Rain and Hail

  By Staff Writer  |  December 29, 2010

  ACE Ltd. said it has completed its acquisition of Johnston, Iowa--based managing general agency Rain and Hail Insurance Service, Inc. for approximately $1.1 billion in cash.

• Insurers Queried On Oil Spill Prevention

  By Caroline McDonald, PropertyCasualty360.com  |  August 30, 2010

  Global investors are asking energy companies for their oil spill prevention measures, but they are also querying insurers.

• Investors Ask Insurers, Oil Cos. For Answers On Spill Prevention

  By Caroline McDonald, PropertyCasualty360.com  |  August 5, 2010

  Global investors are asking for energy companies' oil spill prevention measures and information about underwriting changes resulting from the British Petroleum oil spill, according to CERES, a network of investors and environmental groups.