Ace Q2 net income jumps 15%
Ace, the Switzerland-domiciled (re)insurer, said that second quarter net income jumped 15% to $746m from $649m a year earlier.
The combined ratio stayed relatively steady at 87.8%, up narrowly from 87.6% a year earlier. However, net income for the first half of the year dropped 17% to $1.123bn, down from $1.35bn a year
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