Chubb Ltd — Director's Dealing 2012

Feb 27, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2012-02-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-23	Common Shares	A	9248	—	Acquired	116195.2	Direct
2012-02-23	Common Shares	A	4555	—	Acquired	120750.2	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-23	Options to Acquire Common Shares	$73.35	A	11503	Acquired	2022-02-23	Common Shares (11503)	Direct

Footnotes

F1: Restricted stock award pursuant to ACE Limited 2004 Long-Term Incentive Plan. Stock vests as follows: 1/4 on the first anniversary date of the award, 1/4 on the second anniversary date of the award, 1/4 on the third anniversary date of the award and 1/4 on the fourth anniversary date of the award.

F2: Restricted stock award pursuant to ACE Limited 2004 Long-Term Incentive Plan. Stock vests as follows: 1/4 on the first anniversary date of the award, 1/4 on the second anniversary date of the award, 1/4 on the third anniversary date of the award and 1/4 on the fourth anniversary date of the award, subject to the satisfaction of certain performance based criteria.

F3: Option award pursuant to the ACE Limited 2004 Long-Term Incentive Plan. Stock vests as follows: 1/3 on the first anniversary date of the award, 1/3 on the second anniversary date of the award and 1/3 on the third anniversary date of the award.

F4: Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.