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Edited by author.
Last edit: 07:50, 27 April 2009

AGENDA ITEM 2.1: Company Selection and Overview

  1. Are there any comments/questions about the company selected?
  2. Jeremiah -- any comments about your assigned task?

(Comment.gif: DISCUSSION CLOSSED !!)

Victor.mensah (talk)07:23, 27 April 2009

I will do the brief analysis of the company tonight and ship the document to you. The key reference document will be the 10K document, which i forwarded to all of you.

JEREMIAH CHAPHXANYA (talk)07:26, 27 April 2009

Thanks a lot. Its nice we will have the doc by tommorrow. ALthough the 10K document is available, the breif developed in the format i gave will be helpful. We will all also be falling on you for more bits and peices of info. You must definitly know the company - even if not too thouroughly, better than any of us.

Victor.mensah (talk)07:30, 27 April 2009

Victor - Maybe the key question is do we need to look at an entity where we have authority to talk to the company or not? If so, then we may have an issue here?

JEREMIAH CHAPHXANYA (talk)07:35, 27 April 2009

At this particular stage i beleive the most important thing is to KNOW the company and how their operate. We may use any company at all so far as we can make authoritative assessment of issues. Even without permission from the company (like in my first case), because i KNEW how we operate, the brief allowed all members to make analyses even without having TOO MUCH information on the company.

Victor.mensah (talk)07:39, 27 April 2009

yes, i have gone through the documents as sent by jeremiah. its quite large. does the company know about the study?

Akachi Ngwu (talk)07:28, 27 April 2009

The answer is no Akachi. Like i said before, I couldnt get clearance from these guys. However, we went for it because its a punblicly listed entity with more publicly available information

JEREMIAH CHAPHXANYA (talk)07:33, 27 April 2009

I think if we want a formalised way to do this we will not manage taking into consideration that we have been trying to get one without success. I think we should go ahead.

Hove (talk)07:41, 27 April 2009

Maybe to add more detail on the company selected. It is called ACE Insurance. It is Swiss domiciled, NYSE listed and operates in over 50 counrties in the world.

Products - Life and Non Life insurance - Reinsurance products

Markets - Over 50 countries in the world. - Across all continents of the world. - Dominant in the US and EU. - Has massive operatiosn at the Lloyds of London

Competition - Key competitors include AIG, XL, Allianz, etc

Distribution Channels - Brokers - Online products In short this gives you a glimpse of the entity

JEREMIAH CHAPHXANYA (talk)07:31, 27 April 2009

thanks for your explanations.

Akachi Ngwu (talk)07:41, 27 April 2009