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This excerpt taken from the ACE 10-K filed Feb 25, 2010. Recent Accounting Pronouncements Refer to Note 2 to the Consolidated Financial Statements, for a discussion of new accounting pronouncements.
This excerpt taken from the ACE 10-Q filed May 8, 2009. Recent Accounting Pronouncements Refer to Note 2 to the Consolidated Financial Statements, for a discussion of new accounting pronouncements. These excerpts taken from the ACE 10-K filed Feb 27, 2009. Recent Accounting Pronouncements Refer to Note 2 r) to the Consolidated Financial Statements, under Item 8, for a discussion of recent accounting pronouncements.
Recent Accounting Refer to Note 2 r) to the Consolidated Financial Statements, under Item 8, for a discussion of recent accounting pronouncements.
Market risk represents the potential for The majority of our fixed income and all of our equity securities are classified as available for sale and, as such, changes We seek to mitigate market risk using a number of The following is a discussion of our primary market risk exposures at December 31, 2008. Our policies
SIZE="2">Interest rate risk – fixed income portfolio and debt obligations Our fixed income portfolio and debt obligations have exposure to interest rate
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The following table shows the impact
Changes in interest rates will have an immediate Although our debt,
Variations in market interest rates could This excerpt taken from the ACE 10-Q filed Nov 7, 2008. Recent Accounting Pronouncements Refer to Note 2 to the Consolidated Financial Statements, for a discussion of recent accounting pronouncements. This excerpt taken from the ACE 10-Q filed Aug 8, 2008. Recent Accounting Pronouncements Refer to Note 2 to the Consolidated Financial Statements, for a discussion of recent accounting pronouncements.
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This excerpt taken from the ACE 10-Q filed May 8, 2008. Recent Accounting Pronouncements Refer to Note 2 to the Consolidated Financial Statements, for a discussion of recent accounting pronouncements. These excerpts taken from the ACE 10-K filed Feb 29, 2008. Recent Accounting Pronouncements Refer to Note 2 r) to the Consolidated Financial Statements, under Item 8, for a discussion of recent accounting pronouncements.
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Recent Accounting Refer to Note 2 r) to the Consolidated Financial Statements, under Item 8, for a discussion of recent accounting pronouncements.
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Market risk represents the potential for loss due to adverse changes in the fair value foreign currency exchange rates will have an immediate effect on comprehensive income and shareholders’ equity but will not ordinarily have an immediate effect on net income. Nevertheless, changes in interest rates and equity prices affect consolidated net income when, and if, a security is sold or impaired. From time to time, we also use investment derivative instruments such as futures, options, swaps, and foreign currency forward contracts to manage the duration of our investment portfolio and foreign currency exposures and also to obtain exposure to a particular financial market. In addition, as part of our investing activity, we purchase “to be announced mortgage backed securities” (TBAs). These instruments are recognized as assets or liabilities in our Consolidated Financial Statements and are sensitive to changes in interest rates, foreign currency exchange rates, and equity security prices. Changes in the fair value of TBAs are included in net realized gains (losses) and therefore have an immediate effect on both our net income and shareholders’ equity. At December 31, 2007 and 2006, our notional exposure to investment derivative instruments was $15 billion. consistent with the foreign currencies of the underlying insurance and reinsurance businesses, thereby limiting exchange rate risk to net assets denominated in foreign currencies. different from 2006. We do not currently anticipate significant changes in our primary market risk exposures or in how those exposures are managed in future reporting periods based upon what is known or expected to be in effect in future reporting periods. This excerpt taken from the ACE 10-Q filed Nov 7, 2007. Recent Accounting Pronouncements Refer to Note 2 to the Consolidated Financial Statements for a discussion of recent accounting pronouncements. This excerpt taken from the ACE 10-Q filed Aug 7, 2007. Recent Accounting Pronouncements Refer to Note 2 to the Consolidated Financial Statements for a discussion of recent accounting pronouncements. This excerpt taken from the ACE 10-Q filed May 8, 2007. Recent Accounting Pronouncements Refer to Note 2 to the Consolidated Financial Statements for a discussion of recent accounting pronouncements. This excerpt taken from the ACE 10-K filed Mar 1, 2007. Recent Accounting Pronouncements Refer to Note 2 p) to the Consolidated Financial Statements for a discussion of recent accounting pronouncements.
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This excerpt taken from the ACE 10-Q filed Nov 8, 2006. Recent Accounting Pronouncements See Note 2 c) and Note 4 to the Consolidated Financial Statements for a discussion of recent accounting pronouncements. This excerpt taken from the ACE 10-Q filed Aug 7, 2006. Recent Accounting Pronouncements See Notes 2 and 3 to the Consolidated Financial Statements for a discussion of recent accounting pronouncements. This excerpt taken from the ACE 10-Q filed May 5, 2006. Recent Accounting Pronouncements See Note 2 and 3 to the Consolidated Financial Statements for a discussion of recent accounting pronouncements. This excerpt taken from the ACE 10-K filed Mar 16, 2006. This excerpt taken from the ACE 10-K filed Aug 12, 2005. This excerpt taken from the ACE 10-Q filed Aug 12, 2005. Recent Accounting Pronouncements
See Note 2 (c) to the Consolidated Financial Statements for a discussion of recent accounting pronouncements.
As of the end of the period covered by this report, the Company’s management, with the participation of the Company’s Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of the design and operation of the Company’s disclosure controls and procedures as defined in Rule 13a-15 under the Securities Exchange Act of 1934. Based upon that evaluation, the Company’s Chief Executive Officer and Chief Financial Officer concluded that the Company’s disclosure controls and procedures are effective in allowing information required to be disclosed in reports filed under the Securities and Exchange Act of 1934 to be recorded, processed, summarized and reported within time periods specified in the rules and forms of the SEC.
During the quarter ended March 31, 2005, there was no change in the Company’s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.
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Table of ContentsThis excerpt taken from the ACE 10-Q filed May 10, 2005. Recent Accounting Pronouncements
See Note 2 (c) to the Consolidated Financial Statements for a discussion of recent accounting pronouncements.
As of the end of the period covered by this report, the Company’s management, with the participation of the Company’s Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of the design and operation of the Company’s disclosure controls and procedures as defined in Rule 13a-15 under the Securities Exchange Act of 1934. Based upon that evaluation, the Company’s Chief Executive Officer and Chief Financial Officer concluded that the Company’s disclosure controls and procedures are effective in allowing information required to be disclosed in reports filed under the Securities and Exchange Act of 1934 to be recorded, processed, summarized and reported within time periods specified in the rules and forms of the SEC.
During the quarter ended March 31, 2005, there was no change in the Company’s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.
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Table of ContentsThis excerpt taken from the ACE 10-K filed Mar 16, 2005. | EXCERPTS ON THIS PAGE:RELATED TOPICS for ACE:
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