There has been recent turmoil in the financial markets, including the bankruptcy of Lehman Brothers and the cash crisis at American International Group.
ACE's financial strength and overall financial condition are excellent. ACE's balance sheet, including the company's liquidity and net loss reserves for paying claims, is exceptionally strong. Additionally, the company's A+ financial strength ratings from A.M. Best and Standard & Poor’s are unchanged.
From a business perspective, ACE is committed to supporting its clients and doing everything possible to assist corporate insurance customers who may be affected by any disruption in the global insurance markets.