Insurance Post

Ace reports 40% fall in net income

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Ace has recorded net income of $607m (£370) in the second quarter of 2011, a drop of 10% on Q2 2010.

For the half year to date the fall was 40% to $866m from $1.432bn in Q1 2010.

Among the opertaing highlights for the second quarter of 2011 Ace said property and casualty net premiums written

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