Chubb Ltd — Director's Dealing 2010

Nov 30, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2010-11-26

Reporting Person: NEFF THOMAS J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-26	Common Shares	M	4000	$35.25	Acquired	51017.504	Direct
2010-11-26	Common Shares	S	4000	$59.05	Disposed	47017.504	Direct
2010-11-26	Common Shares	M	2000	$35.25	Acquired	49017.504	Direct
2010-11-26	Common Shares	S	2000	$59.12	Disposed	47017.504	Direct
2010-11-26	Common Shares	M	4000	$33.39	Acquired	51017.504	Direct
2010-11-26	Common Shares	S	4000	$59.04	Disposed	47017.504	Direct
2010-11-26	Common Shares	M	4000	$34.45	Acquired	51017.504	Direct
2010-11-26	Common Shares	S	4000	$59.10	Disposed	47017.504	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-26	Options to Acquire	$35.25	M	6000	Disposed	2011-05-11	Common Shares (6000)	Direct
2010-11-26	Options to Acquire	$33.39	M	4000	Disposed	2012-05-16	Common Shares (4000)	Direct
2010-11-26	Options to Acquire	$34.45	M	4000	Disposed	2013-05-15	Common Shares (4000)	Direct

Footnotes

F1: The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $59.11 and $59.135 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.

F2: The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $59.and $59.09 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.

F3: The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $59.07 and $59.1401 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent.

F4: The stock options vested in equal installments on the date prior to each of the 2002, 2003 and 2004 ACE Limited annual shareholder meetings.

F5: The stock options vested in equal installments on the date prior to each of the 2003, 2004 and 2005 ACE Limited annual shareholder meetings.

F6: The stock options vested in equal installments on the date prior to each of the 2004, 2005 and 2006 ACE Limited annual shareholder meetings.