Chubb Ltd — Director's Dealing 2011

Feb 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2011-02-09

Reporting Person: ATIEH MICHAEL G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-09	Common Shares	M	6000	$35.25	Acquired	41313.97	Direct
2011-02-09	Common Shares	S	6000	$63.84	Disposed	35313.97	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-09	Options to Acquire	$35.25	M	6000	Disposed	2011-05-11	Common Shares (6000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	1535	Indirect

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.