In an indication that market conditions are finally looking more favourable, property premium income at Ace during the first quarter grew by 15.7 per cent compared to the prior year period, with net written premium (NWP) of some $1.11bn.
Conversely, casualty premium in what has been a fiercely competitive market decreased by 7.1% compared to Q1 2011, with $1.21bn in NWP.
Indeed CEO Evan Greenberg added his voice to those wiho are now in agreement that there is a "broad-based&...
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