ACE Authorizes $1.5 Billion of Share Buybacks
ACE Ltd., the Swiss insurer with operations in more than 50 nations, authorized $1.5 billion of share buybacks to take place in 2015.
The plan replaces the authorization that expires at the end of this year, according to a statement today from ACE, the Zurich-based insurer led by Chief Executive Officer Evan Greenberg.
Popular Today
- Storm Austen Will Be Stronger Than Forecast Along UK Coasts
- Adjuster Created Law Firm and Fake Claim to Defraud Insurer of $1M, Officials Charge
- Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability
- Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies