Chubb Ltd — Director's Dealing 2015

May 26, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ACE Ltd (ACE)
CIK: 0000896159
Period of Report: 2015-05-21

Reporting Person: Shasta Theodore (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-21	Common Shares	A	1469	—	Acquired	9069	Direct
2015-05-21	Common Shares	F	391	$108.90	Disposed	8678	Direct

Footnotes

F1: Restricted stock award granted as director fees under the ACE Limited 2004 Long-Term Incentive Plan (the "Plan"), which meets the requirements of Rule 16b-3. Such restricted stock will vest on the day prior to the next annual ACE Limited shareholders meeting, assuming the reporting person is a director of ACE Limited on such date.

F2: Common Shares being withheld in order to pay tax liability.