2 Ace InsuranceFounded in 1985, “by 34 founding sponsors to provide hard-to-find excess liability and directors and officers coverage.”Started internationally in BermudaAnd their headquarters are in SwitzerlandOne of the worlds largest insurance providersWent public on NYSE in 1993
3 Ace BusinessAce’s operating income in the U.S. of 2.7 billion in 2010, as well as a net income of 2.5 billion in the U.S. in 2010.Rated AA- (strong) for financial strength by Standard & Poor’s (U.S. credit rating company)Also rated A+ (superior) by A.M. Best (credit rating company)In Newsweek’s Green ranking of America’s top 500 public companiesAce ranked 6th in financial servicesAnd 56th overall
4 Ace Background They have offices in 53 different countries And have clients in more than 170 countriesOver 16,000 employees worldwide, including Japan.Ace came into the American market in 1998 when they bought Westchester Fire Insurance Companyfive North American businesses are ACE USA, ACE Westchester, ACE Bermuda, ACE Private Risk Services, and ACE Commercial Risk Services.
5 Ace FactsACE Insurance Group provides insurance products covering property and casualty, accident and health, reinsurance, travel, creditor, and life insurance.They cover large corporations, mid-size companies, to small businesses, and even high profile people
6 Expatriate Jeff Hager Emotions toward Japan Initial Experiences Two time international workerEmotions toward JapanInitial Experiences“Aha” moment
7 Expatriate Cont. Japan Culture Job Description Coming Home Relations w/ CoworkersComing Home