Chubb Ltd — Director's Dealing 2010

Oct 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2010-10-08

Reporting Person: RIPP ROBERT (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-08	Common Shares	M	6000	$35.25	Acquired	47830.325	Direct
2010-10-08	Common Shares	S	6000	$58.95	Disposed	41830.325	Direct
2010-10-08	Common Shares	M	4000	$33.39	Acquired	45830.325	Direct
2010-10-08	Common Shares	S	4000	$58.95	Disposed	41830.325	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-08	Options to Acquire	$35.25	M	4000	Disposed	2011-05-11	Common Shares (4000)	Direct
2010-10-08	Options to Acquire	$35.25	M	2000	Disposed	2011-05-11	Common Shares (2000)	Direct
2010-10-08	Options to Acquire	$33.39	M	4000	Disposed	2012-05-16	Common Shares (4000)	Direct

Footnotes

F1: The stock options vested in equal installments on the date prior to each of the 2002, 2003 and 2004 ACE Limited annual shareholder meetings.

F2: The stock options vested in equal installments on the date prior to each of the 2003, 2004 and 2005 ACE Limited annual shareholder meetings.