Ace announces lower 2004 earnings
Ace has reported net income for the fourth quarter ended December 31, 2004 of $282m, compared with net income of $444m for the same quarter last year.
Income excluding net realised gains for the fourth quarter was $166m, compared with $328m for the same quarter of last year. The asbestos, environmental and other run-off (A&E) losses resulted in anOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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