Ace CFO Philip Bancroft says the insurer has provided a “substantial amount of information” to investigators examining non-traditional insurance products.

“We’ve provided to the US Securities and Exchange Commission… over 100 contracts that were considered to be non-traditional,” Mr Bancroft told a New York conference last week.

The investigations form part of several probes into insurance industry practices, including broker payments and the sale of finite risk products that help to disguise bad company results.

Mr Bancroft says the review into Ace’s practices is continuing, and he does not have a time frame for completion.