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Subsequent Event Leads to Recognition of 2003 Realized Gain.

Publication: Business Wire
Publication Date: 05-MAR-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Business Editors

HAMILTON, Bermuda--(BUSINESS WIRE)--March 5, 2004

ACE Limited (NYSE:ACE) reported today that subsequent to its February 4, 2004 year-end earnings release and before the filing of its Annual Report on Form 10-K, the Company's Financial Guaranty subsidiary terminated with the original counterparty a derivative contract, that resulted in...

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