Tuesday, ACE Ltd. (ACE) reported fourth-quarter net income of $953 million or $2.81 per share, compared to $20 million or $0.06 per share in the same quarter last year.
Income excluding net realized gains was $683 million or $2.01 per share, compared to $624 million or $1.86 per share in the year ago quarter.
On average, 20 analysts polled by Thomson Reuters expected the company to earn $1.93 per share for the quarter. Analysts' estimates typically exclude special items.
Gross premiums written for the quarter was $4.51 billion, up from $4.32 billion in the comparable quarter last year. Net premiums written for the quarter was $3.31 billion, down from $3.05 billion in the year ago. Net premiums earned increased to $3.39 billion from $3.23 billion in the previous year quarter. Analysts expected the company to report revenue of $3.19 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.