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Chubb Ltd Director's Dealing 2011

Dec 23, 2011

29852_dirs_2011-12-23_5a0a6469-b605-4bfe-8e01-febdbd876ef6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2011-12-22

Reporting Person: Keogh John W (Vice Chairman, COO and*)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-12-22 Common Shares M 18393 $38.51 Acquired 147618 Direct
2011-12-22 Common Shares S 13981 $69.66 Disposed 133637 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-12-22 Options to Acquire $38.51 M 18393 Disposed 2019-02-26 Common Shares (18393) Direct

Footnotes

F1: The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $69.50 and $69.7401 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 stock options vest in three equal installments. One-third vested on February 26, 2010 and one-third vested on February 26, 2011. An additional on-third will vest on February 26, 2012.

F3: Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.