Segment information (Tables)

6 Months Ended

Jun. 30, 2011

Disclosure Segment Information Tables

Operations by segment

Statement of Operations by Segment
For the Three Months Ended June 30, 2011
(in millions of U.S. dollars)
	Insurance – North American		Insurance – Overseas General		Global Reinsurance		Life		Corporate and Other		ACE Consolidated
Net premiums written	$	1,735	$	1,477	$	282	$	459	$	-	$	3,953
Net premiums earned		1,604		1,447		254		452		-		3,757
Losses and loss expenses		1,233		733		112		147		1		2,226
Policy benefits		-		-		-		108		-		108
Policy acquisition costs		143		348		47		66		-		604
Administrative expenses		147		242		14		72		40		515
Underwriting income (loss)		81		124		81		59		(41)		304
Net investment income		300		138		71		59		1		569
Net realized gains (losses) including OTTI		21		(10)		(14)		(68)		(2)		(73)
Interest expense		3		1		1		3		54		62
Other (income) expense		3		(5)		1		8		2		9
Income tax expense (benefit)		95		40		8		14		(35)		122
Net income (loss)	$	301	$	216	$	128	$	25	$	(63)	$	607

Statement of Operations by Segment
For the Three Months Ended June 30, 2010
(in millions of U.S. dollars)
	Insurance – North American		Insurance – Overseas General		Global Reinsurance		Life		Corporate and Other		ACE Consolidated
Net premiums written	$	1,438	$	1,302	$	289	$	391	$	-	$	3,420
Net premiums earned		1,326		1,263		256		388		-		3,233
Losses and loss expenses		924		644		103		129		-		1,800
Policy benefits		-		1		-		86		-		87
Policy acquisition costs		126		296		48		66		-		536
Administrative expenses		147		207		15		54		40		463
Underwriting income (loss)		129		115		90		53		(40)		347
Net investment income		287		115		73		43		-		518
Net realized gains (losses) including OTTI		85		48		28		(155)		3		9
Interest expense		-		-		-		-		52		52
Other (income) expense		4		(3)		(2)		3		1		3
Income tax expense (benefit)		110		59		9		16		(52)		142
Net income (loss)	$	387	$	222	$	184	$	(78)	$	(38)	$	677

Statement of Operations by Segment
For the Six Months Ended June 30, 2011
(in millions of U.S. dollars)
	Insurance – North American		Insurance – Overseas General		Global Reinsurance		Life		Corporate and Other		ACE Consolidated
Net premiums written	$	3,020	$	2,914	$	597	$	868	$	-	$	7,399
Net premiums earned		2,950		2,751		514		851		-		7,066
Losses and loss expenses		2,227		1,595		391		275		1		4,489
Policy benefits		-		-		-		199		-		199
Policy acquisition costs		279		660		93		127		-		1,159
Administrative expenses		295		466		26		140		82		1,009
Underwriting income (loss)		149		30		4		110		(83)		210
Net investment income		595		269		143		105		1		1,113
Net realized gains (losses) including OTTI		10		(19)		(27)		(81)		(1)		(118)
Interest expense		7		2		1		6		109		125
Other (income) expense		(13)		(7)		(5)		13		7		(5)
Income tax expense (benefit)		184		59		18		27		(69)		219
Net income (loss)	$	576	$	226	$	106	$	88	$	(130)	$	866

Statement of Operations by Segment
For the Six Months Ended June 30, 2010
(in millions of U.S. dollars)
	Insurance – North American		Insurance – Overseas General		Global Reinsurance		Life		Corporate and Other		ACE Consolidated
Net premiums written	$	2,833	$	2,722	$	660	$	776	$	-	$	6,991
Net premiums earned		2,696		2,514		532		768		-		6,510
Losses and loss expenses		1,862		1,345		254		260		-		3,721
Policy benefits		-		4		-		170		-		174
Policy acquisition costs		282		579		102		127		-		1,090
Administrative expenses		295		409		27		112		80		923
Underwriting income (loss)		257		177		149		99		(80)		602
Net investment income		565		229		142		86		-		1,022
Net realized gains (losses) including OTTI		165		70		59		(112)		(5)		177
Interest expense		-		-		-		-		104		104
Other (income) expense		(1)		(1)		(6)		6		1		(1)
Income tax expense (benefit)		214		73		19		30		(70)		266
Net income (loss)	$	774	$	404	$	337	$	37	$	(120)	$	1,432

Net premiums earned by segment by product type

	Property & All Other		Casualty		Life, Accident & Health		ACE Consolidated
	(in millions of U.S. dollars)
For the Three Months Ended June 30, 2011
Insurance – North American	$	657	$	865	$	82	$	1,604
Insurance – Overseas General		533		348		566		1,447
Global Reinsurance		115		139		-		254
Life		-		-		452		452
	$	1,305	$	1,352	$	1,100	$	3,757
For the Three Months Ended June 30, 2010
Insurance – North American	$	355	$	895	$	76	$	1,326
Insurance – Overseas General		424		349		490		1,263
Global Reinsurance		120		136		-		256
Life		-		-		388		388
	$	899	$	1,380	$	954	$	3,233
	Property & All Other		Casualty		Life, Accident & Health		ACE Consolidated
	(in millions of U.S. dollars)
For the Six Months Ended June 30, 2011
Insurance – North American	$	1,035	$	1,755	$	160	$	2,950
Insurance – Overseas General		964		690		1,097		2,751
Global Reinsurance		227		287		-		514
Life		-		-		851		851
	$	2,226	$	2,732	$	2,108	$	7,066
For the Six Months Ended June 30, 2010
Insurance – North American	$	713	$	1,839	$	144	$	2,696
Insurance – Overseas General		844		694		976		2,514
Global Reinsurance		258		274		-		532
Life		-		-		768		768
	$	1,815	$	2,807	$	1,888	$	6,510