Through subsidiaries, Chubb Limited (formerly ACE Limited) sells property/casualty insurance, life insurance, and reinsurance through subsidiaries around the globe. It primarily provides property/casualty insurance to commercial and personal customers. Policies offered include general liability, homeowners, auto, accident, workers' compensation, and specialty crop and marine coverage. The company's ACE Tempest Re businesses provide reinsurance to property/casualty insurers in North America and Europe. In early 2016 the former ACE Limited acquired the US's Chubb Corporation for $28 billion and took the Chubb name.