Ace foresees big profits and growth in 2006
Bermudian (re)insurance group Ace has issued guidance to investors for the 2006 year, which sees 6%-8% growth in property and casualty premiums and an expected combined ratio of 88%-90%.
The company said that property and casualty net earned premium growth is expected to average 6% to 8% for the full year with earned premium growth slower in early quarters and accelerating as the year
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