Chubb Ltd — Director's Dealing 2011

Feb 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2011-02-16

Reporting Person: CROCKETT BRUCE L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-16	Common Shares	M	4000	$35.25	Acquired	36483.979	Direct
2011-02-16	Common Shares	S	4000	$62.70	Disposed	32483.979	Direct
2011-02-16	Common Shares	M	2000	$35.25	Acquired	34483.979	Direct
2011-02-16	Common Shares	S	2000	$62.71	Disposed	32483.979	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-16	Options to Acquire	$35.25	M	4000	Disposed	2011-05-11	Common Shares (4000)	Direct
2011-02-16	Options to Acquire	$35.25	M	2000	Disposed	2011-05-11	Common Shares (2000)	Direct

Footnotes

F1: The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $62.7001 and $62.7101 per share. The sale price reported above represents the weighted average sale price for the reported transaction and have 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 $62.70 and $62.72 per share. The sale price reported above represents the weighted average sale price for the reported transaction and have been rounded to the nearest cent.

F3: The stock options vested in equal installments on the date prior to each of the 2002, 2003 and 2004 ACE Limited annual shareholder meetings.