ACE Ltd · 10-K · For 12/31/00 · EX-21.1

Filed On 3/29/01 11:41am ET   ·   SEC File 1-11778   ·   Accession Number 950131-1-1644

Annual Report   ·   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                         44    270K 
 2: EX-10.59    First Amendment to Ace Stock Purchase Plan             2     10K 
 3: EX-10.60    Amendment to Ace Retirement Plan                       1      7K 
 4: EX-10.61    Amendment and Restatement Agreement                  123    370K 
 5: EX-13.1     Excerpts of the Annual Report of Shareholders         63    379K 
 6: EX-21.1     Subsidiaries of the Company                            4     33K 
 7: EX-23.1     Consent of Pricewaterhousecoopers Llp                  1      7K 

EX-21.1   ·   Subsidiaries of the Company

EX-21.1
1st Page of 4
TOC
Top
Previous
Next
Bottom
Just 1st
 

                                                                    Exhibit 21.1

Subsidiaries of the Registrant  

                                                        [Enlarge/Download Table]

                                                                                        Jurisdiction of    Percentage 
Name                                                                                      Organization     Ownership  
----                                                                                      ------------     ---------  
                                                                                                                      
ACE Limited                                                                              Cayman Islands  Publicly Held
  ACE Bermuda Insurance Ltd.                                                                Bermuda           100%    
    Paget Reinsurance International Ltd.                                                    Bermuda           100%    
    ACE Capital Re International Limited                                                    Bermuda           100%    
      ACE KRE Holdings Limited                                                              Barbados          100%    
        ACE Capital Re USA Holdings Incorporated                                            Delaware          100%    
          ACE Capital Re Overseas Ltd. f/k/a KRE Reinsurance Ltd.                           Bermuda           100%    
              Lenders Residential Asset Company LLC                                         Delaware           50%    
              ACE Capital Mortgage Reinsurance Company                                      New York          100%    
              ACE Capital Title Reinsurance Company                                         New York          100%    
              ACE Capital Re Inc.                                                           New York          100%    
    Oasis Investments Limited                                                               Bermuda            67%    
    ACE Financial Solutions International, Ltd. f/k/a ACE Insurance Management Limited      Bermuda           100%    
    ACE European Markets Reinsurance Ltd.                                                   Ireland           100%    
      ACE European Markets Insurance Ltd.                                                   Ireland           100%    
    Corporate Officers & Directors Assurance Ltd.                                           Bermuda           100%    
      Tripar Partnership                                                                    Bermuda             2%    
    Oasis Real Estate Company Limited                                                       Bermuda           100%    
      Scarborough Property Holdings Limited                                                 Bermuda            40%    
    Sovereign Risk Insurance Limited                                                        Bermuda          40.5%    
    Tripar Partnership                                                                      Bermuda            98%    
    ACE Realty Holdings Limited                                                             Bermuda           100%    
    Oasis Personnel Limited                                                              Cayman Islands       100%    
    Shipowners Insurance and Guaranty Co. Limited                                           Bermuda      10% Series A 
                                                                                                          8% Series B 
    Intrepid Re Holdings Limited                                                            Bermuda           100%    
      Intrepid Re Limited                                                                   Bermuda           100%    
  ACE Global Markets Limited                                                             United Kingdom       100%    
    ACE Group Holdings Limited                                                           United Kingdom       100%    
      ACE Tarquin                                                                        United Kingdom       100%    
        ACE Capital V Limited                                                            United Kingdom       100%    
        ACE (CG) Limited                                                                 United Kingdom       100%    
          ACE Underwriting Agencies Limited                                              United Kingdom       100%    
            ACE Trustees Limited                                                         United Kingdom       100%    
         ACE London Group Limited                                                        United Kingdom       100%    
              ACE Capital Limited                                                        United Kingdom       100%    
              ACE Capital III Limited                                                    United Kingdom       100%    
              ACE Capital IV Limited                                                     United Kingdom       100%    
              ACE London Holdings Limited                                                United Kingdom       100%    
                   ACE Capital II Limited                                                United Kingdom       100%    
                   ACE London Investments Limited                                        United Kingdom       100%    
                           ACE London Aviation Limited                                   United Kingdom       100%    
                           ACE London Underwriting Limited                               United Kingdom       100%    
                           ACE London Underwriting Services Limited                      United Kingdom       100%    
                           AGM Underwriting Limited                                      United Kingdom       100%    
                  ACE London Services Limited                                            United Kingdom       100%    
              ACE Capital VI Limited                                                     United Kingdom       100%    
              ACE UK Limited                                                             United Kingdom        77%    
                  ACE UK Holdings Limited                                                United Kingdom       100%    
                        ACE (M) Limited                                                  United Kingdom       100%    
                        ACE (ME) Limited                                                 United Kingdom       100%    
                        ACE (MI) Limited                                                 United Kingdom       100%    
                        ACE (MS) Limited                                                 United Kingdom       100%    
                        ACESYS Limited                                                   United Kingdom       100%    
                        ACE UK Underwriting Limited                                      United Kingdom       100%    
                        Underwriting Systems Limited                                     United Kingdom       100%    
              ACE (PM) Limited                                                           United Kingdom       100%    
                  ACE UK Limited                                                         United Kingdom        23%    
  ACE Services Limited                                                                   Cayman Islands       100%    
    ACE Holdings (Gibraltar) Limited                                                       Gibraltar          100%    
      ACE (Gilbratar) Limited                                                              Gibraltar          100%    
      ACE-ii Limited                                                                    United Kingdom       100%     
      ACE-ii (Gibraltar) Limited                                                           Gibraltar          100%    

1 

EX-21.1
2nd Page of 4
TOC
1st
Previous
Next
Bottom
Just 2nd

                                                        [Enlarge/Download Table]

                                                                                                                 
           ACE Underwriting Services (Gibraltar) Limited                            Gibraltar           100%     
           Arles Services Limited                                                   Gibraltar           100%     
ACE US Holdings Inc.                                                             USA (Delaware)         100%     
     ACE Strategic Advisors Inc.                                                 USA (Delaware)         100%     
     ACE USA Inc.                                                                USA (Delaware)         100%     
          CRC Creditor Resources Canada Limited                                  Canada (British         60%     
                                                                                    Columbia)                    
          Industrial Excess & Surplus Insurance Brokers                         USA (California)        100%     
          Industrial Underwriters Insurance Co.                                    USA (Texas)          100%     
          Rhea International Marketing (L,) Inc.                                    Malaysia             60%     
          Westchester Fire Insurance Company                                     USA (New York)         100%     
          Blackthorn Reinsurance Services, Inc.                                  USA (Delaware)          80%     
          Westchester Surplus Lines Insurance Co                                  USA (Georgia)         100%     
          Westchester Specialty Services, Inc.                                    USA (Florida)         100%     
          Westchester Specialty Insurance Services Inc.                           USA (Nevada)          100%     
          SCS Net LLC                                                            USA (Delaware)          60%     
          Ameriguard Corporation                                                   USA (Ohio)            80%     
          WDH Corporation                                                          USA (Ohio)            80%     
          Dimension Services Corporation                                           USA (Ohio)            80%     
          Dimension Holdings Inc.                                                  USA (Ohio)            80%     
CGA Group Limited                                                                    Bermuda           10.71%    
          CGA Investment Management, Inc.                                        USA (Delaware)         100%     
          Commercial Guaranty Assurance Limited                                      Bermuda            100%     
Oasis Insurance Services Limited                                                     Bermuda            100%     
ACE Tempest Life Reinsurance Ltd.                                                    Bermuda            100%     
     ACE Tempest Reinsurance Ltd. f/k/a Tempest Reinsurance Company Limited          Bermuda            100%     
           Oasis Investments Limited                                                 Bermuda             33%     
Oasis US Inc.                                                                       Delaware            100%     
St George Holdings Limited                                                       Cayman Islands        10.71%    
          St George Investments Limited                                          Cayman Islands         100%     
ACE INA Holdings Inc.                                                            USA (Delaware)          20%     
          ACE Rhino's Trust                                                      USA (Delaware)         100%     
          ACE Capital Trust I                                                    USA (Delaware)         100%     
          ACE Capital Trust II                                                   USA (Delaware)         100%     
ACE Prime Holdings Inc.                                                          USA (Delaware)         100%     
     ACE INA Holdings Inc.                                                       USA (Delaware)          80%     
           ACE Seguros S.A. (Argentina)                                             Argentina          99.9%     
           ACE Seguradora S.A.                                                       Brazil         99% (ACE INA 
                                                                                                   Holdings Inc.)
                                                                                                   1% (ACE Prime 
                                                                                                   Holdings Inc.)
          Servicios ACE INA S.A. de C.V.                                             Mexico         99% (ACE INA 
                                                                                                   Holdings Inc.)
                                                                                                   1% (ACE Prime 
                                                                                                   Holdings Inc.)
           ACE Tempest Re USA, Inc. fka Tempest Re USA, Inc.                    USA (Connecticut)       100%     
           INA Corporation                                                     USA (Pennsylvania)       100%     
                ACE INA Properties Inc.                                          USA (Delaware)         100%     
                     Conference Facilities, Inc.                               USA (Pennsylvania)       100%     
                INA Tax Benefits Reporting. Inc.                                 USA (Delaware)         100%     
                INA Financial Corporation                                        USA (Delaware)         100%     
                     Brandywine Holdings Corporation                             USA (Delaware)         100%     
                          Brandywine Run-Off Services, Inc.                      USA (Delaware)         100%     
                          ASSUREX Development Corporation                          USA (Ohio)         11.011%    
                          International Surplus Adjusting Services              USA (California)        100%     
                          Western Agency Management, Inc.                       USA (California)        100%     
                          Cravens, Dargan & Company, Pacific Coast               USA (Delaware)         100%     
                               Cravens, Dargan & Company, Pacific                                                
                               Coast of Illinois, Inc.                           USA (Illinois)         100%     
                          Century Indemnity Company                            USA (Pennsylvania)       100%     
                               Century Reinsurance Company                     USA (Pennsylvania)       100%     
                               ACE American Reinsurance Company                USA (Pennsylvania)       100%     
                                     Brandywine Reinsurance Company S.A - N.V.       Belgium            100%     
                                     The 1792 Company                            USA (Delaware)         100%     
                          Century International Reinsurance Company Ltd.             Bermuda            100%     
                               Brandywine International Brokers Ltd.                 Bermuda            100%     
                     INA Holdings Corporation                                    USA (Delaware)         100%     

2   

EX-21.1
3rd Page of 4
TOC
1st
Previous
Next
Bottom
Just 3rd

                                                        [Enlarge/Download Table]
                                                                                                     
          INA Trust, fsb                                            Chartered by Office of  100%     
                                                                        Thrift Supervision           
          PDCN Legal Management Company, Inc.                            USA (Delaware)     100%     
          INA Reinsurance Company Ltd.                                      Bermuda         100%     
          ACE INA Financial Institution Solutions, Inc.                  USA (Delaware)     100%     
          ESIS, Inc.                                                    USA (California)    100%     
          ACE INA Excess and Surplus Insurance Services, Inc. (GA)       USA (Georgia)      100%     
          ACE INA Excess and Surplus Insurance Services, Inc. (PA)     USA (Pennsylvania)   100%     
          NewMarkets Insurance Agency, Inc.                              USA (Delaware)     100%     
          ACE INA Excess and Surplus Insurance Services, Inc. (CA)      USA (California)    100%     
          ACE INA Excess and Surplus Insurance Services, Inc. (IL)       USA (Illinois)     100%     
          Excess and Surplus Insurance Services, Inc.                     USA (Texas)       100%     
          INAC Corp.                                                     USA (Delaware)     100%     
          INAC Corp. of California                                      USA (California)    100%     
          Global Surety Network, Inc.                                    USA (Delaware)     100%     
          Marketdyne International, Inc.                                 USA (Delaware)     100%     
          ACE INA Railroad Insurance Brokers, Inc.                      USA (California)    100%     
          Recovery Services International, Inc.                          USA (Delaware)     100%     
               RSI Health Care Recovery Inc.                             USA (Delaware)     100%     
          Indemnity Insurance Company of North America                 USA (Pennsylvania)   100%     
               ACE Indemnity Insurance Company                         USA (Pennsylvania)   100%     
               Allied Insurance Company                                 USA (California)    100%     
          ACE American Insurance Company                               USA (Pennsylvania)   100%     
               Pacific Employers Insurance Company                     USA (Pennsylvania)   100%     
                    ACE Insurance Company of Texas                        USA (Texas)       100%     
                    Illinois Union Insurance Company                     USA (Illinois)     100%     
          INAMAR Insurance Underwriting Agency, Inc.                    USA (New Jersey)    100%     
               INAMAR Insurance Underwriting Agency                                                  
                 of Massachusetts                                     USA (Massachusetts)   100%     
               INAMAR Insurance Underwriting Agency of Texas              USA (Texas)       100%     
               INAMAR Insurance Underwriting Agency of Ohio                USA (Ohio)       100%     
          Insurance Company of North America                           USA (Pennsylvania)   100%     
          Bankers Standard Insurance Company                           USA (Pennsylvania)   100%     
               Bankers Standard Fire and Marine Company                USA (Pennsylvania)   100%     
          ACE Property and Casualty Insurance Company                 USA (Pennsylvania))   100%     
               ACE Employers Insurance Company                         USA (Pennsylvania)   100%     
               ACE Insurance Company of Ohio                               USA (Ohio)       100%     
               INA Surplus Insurance Company                           USA (Pennsylvania)   100%     

               ACE Fire Underwriters Insurance Company                 USA (Pennsylvania)   100%     
               Atlantic Employers Insurance Company                     USA (New Jersey)    100%     
                    Cover-All Technologies, Inc.                         USA (Delaware)       7.41%  
               ALIC, Incorporated                                         USA (Texas)       100%     
                    ACE American Lloyds Insurance Company                 USA (Texas)       100%     
               ACE Insurance Company of Illinois                         USA (Illinois)     100%     
               ACE Insurance Company of the Midwest                      USA (Indiana)      100%     
          INAPRO, Inc.                                                   USA (Delaware)     100%     
             Reinsurance Solutions International, LLC                    USA (Delaware)      50%     
          American Adjustment Company, Inc.                              USA (Delaware)     100%     
             American Lenders Facilities, Inc.                          USA (California)    100%     
ACE INA International Holdings, Ltd.                                     USA (Delaware)     100%     
     ACE Synergy Insurance Berhad                                           Malaysia         51%     
     ACE Seguradora S.A.                                                     Macau          100%     
     ACE Seguros S.A. (Chile)                                                Chile           99%     
     ACE Seguros S.A. (Columbia)                                           Columbia          99.7595%
     ACE Seguros S.A. (Ecuador)                                            Ecuador                   
     ACE Seguros S.A. (Mexico)                                              Mexico           99.9%   
     Chilena Consolidata Seguros Generales, S.A.                            Chile              .65%  
     INACAN Holdings, Ltd.                                                  Canada          100%     
          ACE INA Insurance (Canada)                                        Canada          100%     
     ACE Insurance Limited (S. Africa)                                   South Africa       100%     
     ACE Insurance Limited (New Zealand)                                 New Zealand        100%     
     International Management Corporation (PA)                           Pennsylvania       100%     
     Cover Direct, Inc.                                                 USA (Delaware)      100%     
          Victoria Hall Company Ltd.                                       Bermuda           20%     
     ACE INA G.B. Holdings, Ltd.                                        USA (Delaware)      100%     
          Brandywine Reinsurance Co. (UK) Ltd.                          United Kingdom      100%     

3   

EX-21.1
Last Page of 4
TOC
1st
Previous
Next
Bottom
Just 4th

                                                        [Enlarge/Download Table]
                                                                                                           
                    ACE INA Services UK Limited                                   United Kingdom  100%     
                    ACE INA UK Retirement Savings Plan                            United Kingdom  100%     
                    Insurance Company of North America (UK) Ltd.                  United Kingdom  100%     
               INACAP Sociedad Anonima                                              Nicaragua     100%     
                    INACAP Reaseguros, Sociedad Anonima                             Nicaragua     100%     
               Century Inversiones, SA                                                Panama      100%     
                    ACE INA de Venezuela Intermediaros de Reaseguros SA             Venezuela     100%     
               ARABIA ACE Insurance Co. Limited EC                                   Bahrain       25%     
               ACE Insurance Limited (Australia)                                    Australia     100%     
                    ACE Insurance Limited (Singapore)                               Singapore     100%     
                    ACE INA Superannuation Pty. Limited                             Australia     100%     
               ACE INA Overseas Insurance Co. Ltd.                                   Bermuda      100%     
                    ACE Insurance (Japan)                                             Japan       100%     
                    ACE INA Marketing Group C.A.                                    Venezuela     100%     
                    ACE INA Overseas Holdings Inc.                                USA (Delaware)  100%     
                         ACE Insurance S.A.-N.V.                                     Belgium      100%     
               ACE Insurance Company (Puerto Rico)                                 Puerto Rico    100%     
               ACE Insurance Ltd. (Hong Kong)                                       Hong Kong     100%     
               ACE INA Bermuda Insurance Managers Ltd.                               Bermuda      100%     
               DELPANAMA S.A.                                                         Panama      100%     
               INAMEX S.A.                                                            Mexico      100%     
               Maritime General Ins Company Ltd.                                     Trinidad       8.06%  
               AFIA Finance Corporation                                           USA (Delaware)  100%     
                    AFIA Sociedad Anonima                                             Mexico      100%     
                    AFIA Venezolana C.A.                                            Venezuela     100%     
                    ACE ICNA-Italy Societa a Responsabilita Limitata                  Italy       100%     
                    ACE INA Thai Company Limited                                     Thailand      55%     
                    ACE Servicios, S.A. (Argentina)                                 Argentina     100%     
                    ESIS International Asesorias Limitada                             Chile       100%     
                    Fire, Equity & General Ins Co. Ltd.                              Nigeria        6.25%  
                    INDI Servicios C. Ltda.                                          Ecuador      100%     
                    Inversiones Continental S.A. de C.V.                             Honduras       1.29%  
                    P.T. ACE INA Insurance (Indonesia)                              Indonesia      53.51%  
                    RIYAD Insurance Co. Ltd.                                         Bermuda       80%     
                    Safire Private Ltd.                                             Singapore     100%     
               AFIA (INA) Corporation Limited                                     USA (Delaware)  100%     
                    AFIA                                                          Unincorporated           
                                                                                   association     60%     
               AFIA (ACE) Corporation Limited                                     USA (Delaware)  100%     
                    AFIA                                                          Unincorporated           
                                                                                   association     40%     
               Compania Anonima de Seguros "Avila"                                   Venezuela      5.6%   
               ACE Seguros S.A. (Colombia)                                           Colombia      85.763% 
               INAVEN, C.A. "Venezuela"                                             Venezuela     100%     
               La Positiva Co Nacional de Seguros Sociedad Anonima                     Peru        10.79%  
               Seguros Azteca, S.A.                                                   Mexico        1.36%  
               Seguros Comercial America, S.A. de C.V.                                Mexico         .031% 
               Reaseguradora Nuevo Mundo S.A.                                         Panama        3.7246%
               Amazonas Co. Anonima de Seguros                                       Ecuador        1.423% 
ACE (Barbados) Holdings Limited                                                      Barbados     100%     
  ACE Financial Services Inc. f/k/a Capital Re Corporation                           Delaware     100%     
     AGR Financial Products Inc. f/k/a Capital Re Financial Products Corporation     Delaware     100%     
     Capital Re LLC                                                               Turks & Caicos  100%     
     ACE (CR) Holdings f/k/a Capital Re (UK) Holdings                             United Kingdom  100%     
          ACE Capital VII Limited f/k/a CRC Capital, Limited                      United Kingdom  100%     
          ACE (RGB) Holdings Limited f/k/a RGB Holdings Limited                   United Kingdom  100%     
               ACE (CIDR) Limited f/k/a C.I. de Rougemont & Co. Ltd.              United Kingdom  100%     
               Global Life Services Limited f/k/a RGB Underwriting Services, Ltd. United Kingdom  100%     
               ACE (RGB) Agencies Limited f/k/a RGB Underwriting Agencies, Ltd.   United Kingdom  100%     
     ACE Guaranty Re Inc.                                                            Maryland     100%     
        ACE Risk Assurance Company                                                   Maryland     100%     
     ACE Financial Solutions, Inc.                                                   Delaware     100%     
     ACE Asset Management Inc.                                                       Delaware     100%     

4