Chubb Ltd — Director's Dealing 2012

Jan 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2012-01-13

Reporting Person: CROCKETT BRUCE L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-13	Common Shares	M	4000	$33.39	Acquired	38707.899	Direct
2012-01-13	Common Shares	S	4000	$68.98	Disposed	34707.899	Direct
2012-01-13	Common Shares	M	4000	$34.45	Acquired	38707.899	Direct
2012-01-13	Common Shares	S	4000	$68.98	Disposed	34707.899	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-13	Options to Acquire	$33.39	M	4000	Disposed	2012-05-16	Common Shares (4000)	Direct
2012-01-13	Options to Acquire	$34.45	M	4000	Disposed	2013-05-15	Common Shares (4000)	Direct

Footnotes

F1: The Common Shares sold by the Reporting Person and reported herein were sold at a range of between $68.95 and $69.00 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 $68.95 and $69.0200 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 2003, 2004 and 2005 ACE Limited annual shareholder meetings.

F4: The stock options vested in equal installments on the date prior to each of the 2004, 2005 and 2006 ACE Limited annual shareholder meetings.