In the face of US energy giant, Enron, filing bankruptcy, Bermuda-based ACE Limited yesterday reported that its exposure to Enron's losses will not have a significant impact on the business.

ACE Limited said it would not normally comment comment on individual insurance exposures, but in light of recent media reports concerning insurer exposure to Enron losses, the company stated it has reviewed its potential exposures to Enron, including directors and officers liability, financial guaranty, weather risk trading and other exposures, and believes that such exposures would not significantly impact future operating results.