ACE (ACE) Earnings Report: Q1 2015 Conference Call Transcript
at The Street - Wed Apr 22, 7:33PM CDT
The following ACE (ACE) conference call took place on April 22, 2015, 08:30 AM ET. This is a transcript of that earnings call:
ACE: 107.86 (-1.15)
ACE's (ACE) CEO Evan Greenberg on Q1 2015 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Wed Apr 22, 2:03PM CDT
ACE: 107.86 (-1.15)
ACE Ltd Q1 Earnings Beat on Better Underwriting, Down Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 22, 8:10AM CDT
ACE Limited (ACE) sustained the surprise momentum in first-quarter 2015 with operating earnings of $2.25 per share, which outperformed the Zacks Consensus Estimate by about 1.35%.
PGR: 26.71 (-0.05), ACE: 107.86 (-1.15), RLI: 48.76 (+0.21), TRV: 102.02 (+0.14)
ACE Global Markets Increases Fine Art and Specie Insurance Capacity
Business Wire - Wed Apr 22, 2:00AM CDT
ACE Global Markets, the London-based wholesale insurance division of ACE Group, today announced that it will offer increased capacity of up to US$100 million for clients seeking fine art and specie insurance coverage as client demand for this type of cover grows.
ACE: 107.86 (-1.15)
ACE Worldview Reaches 5th Year Milestone; Introduces New Features to Improve Efficiency, Streamline Data Access and Elevate User Experience
Business Wire - Tue Apr 21, 6:24PM CDT
--ACE Worldview is now available for ESIS clients
ACE: 107.86 (-1.15)
ACE beats by $0.03, beats on net premium earned
Seeking Alpha - at Seeking Alpha - Tue Apr 21, 4:26PM CDT
ACE: 107.86 (-1.15)
After Yesterday's Decline of 1.93%, ACE Offers Investors Better Value
Comtex SmarTrend(R) - Tue Apr 21, 4:18PM CDT
ACE (NYSE:ACE) traded in a range yesterday that spanned from a low of $108.81 to a high of $111.33. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $109.76 on volume of 2.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ACE: 107.86 (-1.15)
Watch for ACE to Potentially Rebound After Falling 1.93% Yesterday
Comtex SmarTrend(R) - Tue Apr 21, 4:18PM CDT
ACE (NYSE:ACE) traded in a range yesterday that spanned from a low of $108.81 to a high of $111.33. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $109.76 on volume of 2.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
ACE: 107.86 (-1.15)
ACE Reports First Quarter Operating Income of $745 Million or $2.25 per Share, P&C Combined Ratio of 88.4% and Operating Return on Equity of 10.8%
Business Wire - Tue Apr 21, 4:18PM CDT
--P&C underwriting income of $402 million, up 7.8% in constant dollars
ACE: 107.86 (-1.15)
ACE Launches Predictive Analytical Tools Powered by ACE 4D
Business Wire - Tue Apr 21, 2:48PM CDT
ACE Group today announced the launch of ACE 4D(TM), its next-generation predictive modeling and data analytics solution. Designed to support ACE insureds, ACE 4D is a suite of analytic tools that provide high definition insight into unrecognized claim severity, enabling claim professionals to employ effective and appropriate loss mitigation strategies.
ACE: 107.86 (-1.15)
ACE (ACE) Showing Signs Of Being A Roof Leaker
at The Street - Tue Apr 21, 9:47AM CDT
Trade-Ideas LLC identified ACE (ACE) as a "roof leaker" (crossing below the 200-day simple moving average on higher than normal relative volume) candidate
ACE: 107.86 (-1.15)
Threat and Expense of Antitrust Litigation Grows in the Health Care Sector; ACE Report Identifies Due Diligence Practices to Help Mitigate Risk
Business Wire - Mon Apr 20, 4:42PM CDT
ACE Group today released a new white paper examining the increased risk of antitrust litigation in the health care market. The paper analyzes the recent growth in health care industry transactions and the corresponding rise in antitrust regulation and government enforcement. It also outlines key due diligence practices that health care market participants should implement to proactively address this risk and, ultimately, to avoid costly consequences.
ACE: 107.86 (-1.15)
Notable earnings after Tuesday’s close
Seeking Alpha - at Seeking Alpha - Mon Apr 20, 4:35PM CDT
EWBC: 41.97 (-0.02), SMCI: 31.90 (-2.91), VMW: 90.97 (+5.57), NBR: 15.05 (+0.68), ZIXI: 4.27 (+0.14), ILMN: 190.04 (-9.27), MANH: 54.02 (-2.16), YHOO: 43.97 (-0.52), DFS: 57.89 (-1.37), ACE: 107.86 (-1.15), CMG: 641.23 (-51.29), VASC: 33.30 (+4.06), FTI: 40.56 (+2.83), IRBT: 32.21 (-1.00), ADTN: 16.61 (-1.92), YUM: 84.04 (+3.19), CREE: 32.36 (-3.04), INFN: 19.79 (-0.43), SYK: 96.45 (+1.74), URI: 95.79 (-2.11), IBKR: 34.58 (+2.18), CAMP: 20.87 (+4.19), BRCM: 46.18 (+2.20), AMGN: 169.10 (+0.64), HTS: 18.40 (-0.20), ISRG: 516.93 (-29.80), DLB: 41.18 (+3.06), PFPT: 58.45 (-0.45), FULT: 12.50 (+0.21)
Will High Expenses Hurt ACE Limited (ACE) Earnings in Q1? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Apr 20, 2:40PM CDT
ACE Limited (ACE) is set to report first-quarter 2015 results on Apr 21 after the market closes. Let's see how things are shaping up for this announcement.
AXS: 51.67 (-0.60), ACE: 107.86 (-1.15), RE: 180.62 (+0.66), PRE: 129.50 (-0.21)
ACE Appoints Rees Fletcher Chairman of ACE Bermuda; Joseph Clabby Named Division President
Business Wire - Mon Apr 20, 10:00AM CDT
--Appointments Demonstrate ACE's Continued Focus on, and Commitment to, Global Customers
ACE: 107.86 (-1.15)
When Injury Is a Moving Target: ESIS Advisory Details Best Practices to Improve Claim Outcomes and Construction Projects that Move Cross Country or Include Remote Locations
Business Wire - Mon Apr 20, 9:00AM CDT
A crucial part of managing construction projects is keeping workers safe and ensuring they have access to timely and effective medical treatment in case of an accident. These efforts are complicated when projects are located in remote or sparsely populated areas, or when they cross electrical distribution lines, highways, and pipelines. To help contractors provide quality, cost-effective medical care for workers, while helping to mitigate risk exposures, ESIS, Inc., -- a risk management services company and member of ACE Group -- today released a paper addressing these challenges and providing guidance. Additionally, the paper underscores the merits of close coordination with medical resources and experienced risk management specialists.
ACE: 107.86 (-1.15)
BUYINS.NET: OKSB, MANH, ACE, WASH, URI, RPT Expected To Be Up After Next Earnings Releases
M2 - Mon Apr 20, 6:31AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Tuesday, April 21st 2015 and determining how the stocks have performed After their last 12 quarterly, 6 quarterly and December earnings reports. Southwest Bancorp Inc (NASDAQ:OKSB), Manhattan Associates Inc (NASDAQ:MANH), ACE Limited (NYSE:ACE), Washington Trust Bancorp Inc (NASDAQ:WASH), United Rentals Inc (NYSE:URI), Ramco-Gershenson Properties Trust (NYSE:RPT) are all expected to be Up After their earnings are released. The movement of stock prices in the days and weeks leading to and following these earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com . The following stocks are expected to go Up After earnings are released Tuesday:
OKSB: 17.58 (-0.02), RPT: 18.43 (+0.23), ACE: 107.86 (-1.15), WASH: 37.88 (unch), MANH: 54.02 (-2.16), URI: 95.79 (-2.11)
ACE Launches New Cyber Risk Insurance Proposition for Sweden, Expands European Cyber Practice to Stockholm
Business Wire - Mon Apr 20, 4:52AM CDT
ACE Group today announced the launch of a new cyber risk proposition for Sweden and named Henrik Petersson, Property Underwriter for ACE in the Nordics, as a cyber expert for clients and brokers in the country, as it continues to build its insurance capabilities in this growing area of emerging risk.
ACE: 107.86 (-1.15)
ESIS Launches Mobile Solution to Help Risk Managers Mitigate and Manage Environmental Incidents
Business Wire - Fri Apr 17, 11:10AM CDT
ACE Group today announced that its risk management services division, ESIS, Inc., launched a new environmental incident reporting, testing, and response solution. ESIS On Call(TM) provides immediate support to property and risk managers who must mitigate the risks associated with the release of hazardous materials into the environment. This new product offering is a single source, turnkey, cost containment solution delivering specialized, targeted support to clients faced with potential environmental disasters. ESIS On Call also offers an app that provides clients with round-the-clock resources needed to respond to an event, via phone, the Internet, and the proprietary mobile application.
ACE: 107.86 (-1.15)
ACE Expands Liability Coverage for Elder Care Facilities: Assisted Living, Skilled Nursing, Independent Living Units, and Continuing Care Retirement Communities
Business Wire - Thu Apr 16, 4:23PM CDT
ACE Group today announced the introduction of four new medical liability coverage endorsements, specifically designed to provide more comprehensive protection to the expanding long term care healthcare sector. According to the U.S. Department of Health and Human services, individuals who are 65 years of age today will have approximately a 70 percent chance of needing long term care services during the remainder of their lifetime.(1) By 2020, the overall number of people expected to need long term care will be an estimated 12 million.(2)
ACE: 107.86 (-1.15)