1985

ACE Ltd. and its Bermuda insurance subsidiary are incorporated in the Cayman Islands and establish headquarters in Hamilton, Bermuda. ACE Bermuda writes its first official insurance policy.

1986

ACE opens its first office in Hamilton, Bermuda with six full-time employees

1987

ACE Bermuda assumes management of Corporate Officers & Directors Assurance Ltd. (CODA), a specialist D&O underwriter

1993

ACE Ltd. completes its IPO and lists on the New York Stock Exchange

Expansion of ACE Bermuda product lines begins with the purchase of CODA

1994

Product line diversification continues with the addition of satellite insurance and Brian Duperreault is named chairman, president & chief executive officer

1995

Financial Lines joins ACE Bermuda's expanding product lines, providing strategic and alternative risk products and excess property and aviation product liability insurance lines broaden ACE Bermuda's diversification

1996

ACE acquires Tempest Re, a leading Bermuda-based catastrophe reinsurance company

ACE acquires London-based Lloyd's managing agency Ockham Worldwide and the balance of Methuen Underwriting.

1997

ACE Bermuda forms Sovereign Risk Insurance Ltd., a specialised Bermuda-based political risk insurance and reinsurance underwriter, with strategic partners XL Insurance Company, Ltd. and Risk Capital Re

ACE European Markets is incorporated and licensed in Ireland to underwrite all classes of non-life insurance in the European Union

1998

ACE acquires U.S.-based Westchester Fire Insurance Company; ACE USA is formed

ACE forms strategic alliance with the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group to provide treaty reinsurance for MIGA's political risk operations

ACE acquires CAT Limited, a property catastrophe reinsurance concern, and integrates it as part of ACE Tempest Re

ACE Global Markets acquires Lloyd's-based Tarquin Limited. ACE now manages approximately 9.3 percent of the total underwriting capacity at Lloyd's

ACE Global Markets is formed in London from ACE's existing operations at Lloyd's

1999

ACE acquires the global property and casualty business of CIGNA Corporation for $3.45 billion

ACE acquires Capital Re Corporation after a long battle for ownership of the company with rivals XL Capital

2000

INATrust, a federally chartered thrift institution, opens for business in Philadelphia.

In a partnership with Egypt-based Commercial International Investment Company (CIIC), ACE International acquires a 51% shareholding in Egyptian American Insurance Co.

2002

ACE Bermuda and Huatai Insurance Company of China announce a strategic partnership

ACE Bermuda and Freisenbruch-Meyer Group partner to form a new Bermudian insurance company