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1792 |
The Insurance Company of North America is established as the first stock insurance company in North America (INA was acquired by ACE in 1999). |
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1794 |
INA is the first insurance company to cover building contents against fire. |
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1808 |
INA developed the American insurance agency system. |
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1897 |
INA became the first American company to write in China . |
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1918 |
INA helped found the American Foreign Insurance Association (AFIA). |
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1946 |
INA established an international department for worldwide business. |
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1985 |
ACE Limited is established, with INA as one of its initial contributors. |
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1993 |
ACE Limited successfully completed its initial public offering (NYSE: ACE). |
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1996 |
ACE first entered the Lloyds of London market. |
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1996 |
ACE acquired Tempest Re, a leading catastrophe reinsurance company. |
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1999 |
ACE acquired the U.S. and international property-casualty operations of CIGNA Corporation, giving ACE businesses in nearly 50 countries around the world. |
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2002 |
ACE becomes a component of the Standard & Poor's (S&P) 500, an index of 500 stocks chosen for market size, liquidity, and industry group representation. |
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2002 |
ACE entered into a strategic business partnership with Huatai Insurance Company of China . |
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2004 |
ACE's strategic partner, Huatai, received permission to establish a life insurance company in China . This represented the first time that China has permitted a non-life company to also establish a life company. |
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2005 |
ACE received regulatory approvals to begin providing Life Insurance in Vietnam and Taiwan and Commercial Property & Casualty Insurance in Poland and Russia . |
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2006 |
ACE received regulatory approval to commence Non-Life business in Vietnam and re-establishes operations in South Africa |
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2007 |
ACE purchased Atlas Cumbres Life Insurance Company in Peru, Latin America ; one of the country's fastest growing companies to gain market share ACE opened offices in Hungary and Czech Republic to further expand its presence within Central and Eastern Europe |