ACE 08 profit down 54 percent
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ACE 08 profit down 54 percent

09 February 2009
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The spectre of heavy investment losses that has overshadowed many (re)insurers' fourth quarter and full-year results also blighted Bermudian (now Swiss-domiciled) giant ACE Ltd, which booked full-year net income that more than halved to $1.2bn,

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