Chubb Ltd — Director's Dealing 2017

Feb 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Chubb Ltd (CB)
CIK: 0000896159
Period of Report: 2017-02-23

Reporting Person: GREENBERG EVAN G (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-23	Common Shares	A	15916	$0.00	Acquired	1371035	Direct
2017-02-23	Common Shares	A	47748	$0.00	Acquired	1418783	Direct
2017-02-23	Common Shares	A	31036	$0.00	Acquired	1449819	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-23	Options to Acquire Common Shares	$139.01	A	84892	Acquired	2027-02-23	Common Shares (84892)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	64551	Indirect
Common Shares	64551	Indirect

Footnotes

F1: Restricted Stock Units ("RSU") awarded pursuant to Chubb Limited 2016 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. Upon vesting, one Common share will be delivered for each vested RSU.

F2: Restricted stock award pursuant to the Plan. Stock vests on the third anniversary of the date of the award subject to the satisfaction of certain service and performance based criteria.

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 third 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: The reporting person no longer has a reportable beneficial interest in Common Shares owned by his son (as opposed to by his son's trust) which had been included in the reporting person's prior ownership reports.

F5: Option award pursuant to the Plan. Options vest as follows: 1/3 on the first anniversary of date of the award, 1/3 on the second anniversary of the date of the award and 1/3 on the third anniversary of the date of the award.

F6: Total includes options from other tranches with different exercise prices, vesting and expiration dates.