Chubb Ltd — Director's Dealing 2016

Feb 29, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Chubb Ltd (CB)
CIK: 0000896159
Period of Report: 2016-02-25

Reporting Person: Andrade Juan C (Executive Vice President*)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-25	Common Shares	A	6256	$0.00	Acquired	74258	Direct
2016-02-25	Common Shares	A	12169	$0.00	Acquired	86427	Direct
2016-02-25	Common Shares	A	12169	$0.00	Acquired	98596	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-02-25	Options to Acquire Common Shares	$118.39	A	16681	Acquired	2026-02-25	Common Shares (16681)	Direct

Footnotes

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

F2: Restricted stock award pursuant to the Plan. Stock vests as follows: 1/4 on the first anniversary of the date of the award, 1/4 on the second anniversary of the date of the award, 1/4 on the third anniversary of the date of the award and 1/4 on the fourth anniversary of the date of the award subject to the satisfaction of certain service and performance based criteria. Stock that does not become vested on a specified vesting date may become vested on a subsequent vesting date subject to the satisfaction of certain service and performance based criteria assessed as of such subsequent vesting date. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.

F3: Restricted stock award pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards described above. Stock vests on the fourth anniversary of the date of the award, subject to the satisfaction of certain service and performance based criteria. Shares will not be entitled to vote until vested. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.

F4: Option award pursuant to the Plan. Options vest as follows: 1/3 of the first anniversary date of the award, 1/3 of the second anniversary date of the award and 1/3 of the third anniversary date of the award.

F5: Total includes options from other tranches with different exercise prices, vesting dates and expiration dates.