ACE group is a multinational financial and insurance company that has risen rapidly in recent years. Its predecessor can be traced back to the North American Insurance Company established by 1792. ACE group was established in 1985, and it deals in all kinds of property insurance, liability insurance, accident insurance, health insurance and reinsurance. ACE Group is registered in Bermuda and listed on new york Stock Exchange, 1993. 1In July 1999, ACE Group acquired CIGNA's global property insurance business for US$ 3.45 billion, becoming the second largest property insurance company invested by the United States overseas. In 200 1 year, the company realized a net premium income of $6.4 billion and total assets of $37.2 billion. As a holding company, ACE Group conducts business in nearly 50 countries around the world through its subsidiaries and subsidiaries. 1897, North American insurance companies started insurance business in Shanghai through agents, becoming the first American insurance company to underwrite in China. Today, more than 100 years later, three insurance companies under ACE Group landed in China again and joined Huatai Insurance Company.