Chubb Ltd — Director's Dealing 2011

Aug 15, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2011-08-11

Reporting Person: Lupica John J (Chrm, Ins - NA, Pres.- ACE USA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-08-11	Common Shares	A	7096	—	Acquired	106947.2	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-08-11	Options to Acquire	$63.42	A	5913	Acquired	2021-08-11	Common Shares (5913)	Direct

Footnotes

F1: Restricted stock award pursuant to ACE Limited 2004 Long-Term Incentive Plan (the "Plan"). Stock vests on the fourth anniversary of the award, August 11, 2015.

F2: Option award pursuant to the Plan. Options vest on the fourth anniversary of the award, August 11, 2015.

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