ACE Insurance was established in 1985 by 34 Fortune 500 companies and is one of the world’s largest providers of commercial, Property & Casualty and Accident & Health insurance. In 1999 ACE acquired the international property & casualty operations of the insurance company CIGNA, which had had a presence in South Africa since 1973. ACE has a physical presence in over 56 countries and authority to transact business in over 140 counties.
ACE Insurance Limited, South Africa:
ACE Insurance in South Africa is part of the ACE Group of Companies, and has been trading in the South African market since July 2006. ACE's comprehensive Accident & Health (A&H) coverage provides financial security and support services for the most unexpected situations, 24 hours a day, all year round, anywhere in the world. ACE South Africa was awarded a local credit rating of AA-(Very Strong) by Global Credit Rating in December 2010, which is one of the highest ratings awarded in the South African market place for a start- up operation.
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