ZURICH--(BUSINESS WIRE)--
The Board of Directors of ACE Limited (NYSE: ACE) announced today its
shareholders have approved all matters submitted to the ACE Limited 2015
Annual General Meeting, held at the company’s offices in Zurich,
Switzerland, including a 3% increase to the company’s dividend to $2.68
annually ($0.67 per quarter) from $2.60 ($0.65 per quarter). This marks
the 22nd consecutive annual increase in the company’s
dividend.
The dividend will be payable out of legal reserves in four quarterly
installments and will be made in U.S. dollars by the company’s transfer
agent, as described in the ACE Limited proxy statement. The company’s
Board of Directors declared that shareholders of record at the close of
business on June 30, 2015, will be entitled to payment of the first
installment on July 21, 2015.
About ACE Group
ACE Group is one of the world’s largest multiline property and casualty
insurers. With operations in 54 countries, ACE provides commercial and
personal property and casualty insurance, personal accident and
supplemental health insurance, reinsurance and life insurance to a
diverse group of clients. ACE Limited, the parent company of ACE Group,
is listed on the New York Stock Exchange (NYSE: ACE) and is a component
of the S&P 500 index. Additional information can be found at: www.acegroup.com.
Cautionary Statement Regarding
Forward-Looking Statements:
Forward-looking statements made in this press release, such as
statements regarding ACE’s Annual General Meeting and dividends, reflect
the company’s current views with respect to future events and are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Such statements involve risks and
uncertainties, which may cause actual results to differ materially as
set forth in these statements. For example, payment of scheduled
dividends could be affected by extraordinary company events or capital
constraints or similar factors that could require the company to adjust,
delay or withhold dividend payments. Also, future dividends are
subject to shareholder approval of proposed amounts and methodology. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date on which they are made.
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Source: ACE Limited