ACE Reports 81% Jump In Quarterly Profit
NU Online News Service, April 29, 10:37 a.m. EDT?The Bermuda-based insurer ACE Ltd. reported $447 million in net profit for its first quarter, an 81 percent rise from $247 million in income reported during the corresponding period in 2003.[@@]
ACE reported that its net premiums written for the quarter rose 11 percent to $3.24 billion, reflecting property-casualty net premium growth of 26 percent.
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