ACE Limited (ACE) is a holding company of the ACE Group of Companies. ACE is a global insurance and reinsurance organization, serving the needs of commercial and individual customers in more than 170 countries. The Company serves the property and casualty (P&C) insurance and reinsurance needs of businesses of all sizes in a range of industries. It also provides specialized insurance products, such as personal accident, supplemental health, and life insurance to individuals in select countries. ACE operates in four business segments: Insurance-North American, Insurance-Overseas General, Global Reinsurance, and Life. On December 28, 2010, ACE acquired Rain and Hail Insurance Service, Inc. (Rain and Hail). On December 1, 2010, ACE acquired 100% of Jerneh Insurance Berhad, a general insurance company. On February 1, 2011, ACE acquired New York Life’s Korea operations. In December 2011, it acquired Rio Guayas Compania de Seguros y Reaseguros, a general insurance company in Ecuador.