Chubb Ltd — Director's Dealing 2011

Feb 24, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2011-02-23

Reporting Person: GREENBERG EVAN G (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-23	Common Shares	S	3869	$64.70	Disposed	559637	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	154	Indirect
Common Shares	14908	Indirect
Common Shares	14908	Indirect
Common Shares	19932	Indirect

Footnotes

F1: The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $64.701 and $64.706 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 total reflects the transfer of 19,932 shares to a grantor retained annuity trust, which shares are reflected below as indirectly owned by the trust.