ACE Insurance in Singapore is a member of the ACE Group of Companies, a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE:ACE), a component of the S&P 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries and a strong presence in Asia Pacific.
Operating in Singapore since 1948, ACE has the technical expertise in risk management for all major classes of general insurance which includes Property & Casualty, Accident & Health and Personal & Business Insurance. The ‘A+/Stable’ financial strength and counterparty credit ratings by Standard & Poor’s are indicative of ACE Singapore’s robust capitalization. In addition, the company’s strong capacity to meet its financial commitments is underscored by the highest rating of 'axAAA' in Standard & Poor’s ASEAN regional credit scale. ACE Singapore is the first insurance company to be assigned an ASEAN credit rating which complements S&P’s global credit rating scale. ACE Singapore’s ratings are reflective of its parent’s rating outlook. (ACE’s core operating insurance companies are rated AA- for financial strength by Standard & Poor’s and A+ by A.M. Best).
Over the years, the firm has established strong client relationships by offering responsive service, developing innovative products and providing market leadership built on financial strength. ACE Singapore has also been awarded the Singapore Quality Class (SQC) certification by SPRING Singapore, the national standards and accreditation body. The SQC is a national recognition given to organizations that have achieved all-round business excellence.
ACE Insurance, ACE Group of Companies and ACE Limited are registered trademarks of ACE Limited.