Bermuda-based ACE Limited said today that the firm has completed the change in its registered corporate domicile from Cayman Islands to Zurich Switzerland.

The firm had announced it was making the change for its holding company in March to protect its reputation, secure a better tax situation and have an improved location to manage its capital.

Despite the redomestication, ACE said it continues to be registered with the Securities and Exchange Commission and prepare its financial statements in U.S. dollars and in accordance with U.S. GAAP reporting.

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