24-11-2014 16:12 via insuranceinsider.com

Ace announces share buyback option

Ace Group is the latest company to announce a share repurchase
authorisation.
In a statement released on Friday (21 November) the global
reinsurer confirmed the authorisation of a share repurchase worth
$1.5bn for the 2015 calendar year.
The new buyback programme will replace the current authorisation
when it expires on 31 December this year.
The announcement follows a number of similar share repurchase
statements from other insurers.
Everest Re upped its share repurchase authorisation on 19
Nov
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