Insurance Post

Ace Q3 results described as 'outstanding' in tough conditions

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Ace has today reported a Q3 loss of $0.09 per share, compared with net income of $1.97 per share for the same quarter last year.

Results published by the global insurer showed that income excluding losses was $2.22 per share, compared with $2.01 per share for the third quarter of 2010. Annualised operating return on average

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