Chubb Ltd — Director's Dealing 2014

Sep 23, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2014-09-19

Reporting Person: BOROUGHS TIMOTHY ALAN (Chief Investment Officer*)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-19	Common Shares	M	1126	$56.4	Acquired	142581	Direct
2014-09-19	Common Shares	S	1126	$107.95	Disposed	141455	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-19	Options to Acquire	$56.4	M	1126	Disposed	2016-02-22	Common Shares (1126)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	3335	Indirect

Footnotes

F1: These shares were sold in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.

F2: The stock options became fully vested on February 22, 2011.

F3: 25,000 options of this tranche have not been exercised. Total also includes options from other tranches with different exercise prices, vesting dates and expiration dates.