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Chubb Ltd Director's Dealing 2021

Feb 9, 2021

29852_dirs_2021-02-09_365b1e2c-c863-47a9-bde0-877da926803b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Chubb Ltd (CB)
CIK: 0000896159
Period of Report: 2021-02-05

Reporting Person: KRUMP PAUL J (Vice Chairman, Chubb Group*)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-02-05 Common Shares S 500 $165.02 Disposed 107521 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
ESOP Excess Benefit Plan Rights $ Common Shares (6609.597) 6609.597 Direct

Footnotes

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

F2: The Common Shares reported herein as being sold were sold at a range of between $165.00 and $165.06 per share. The sale price reported above represents the weighted average sale price for the reported transaction and has been rounded to the nearest cent. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such price range.

F3: Each ESOP Excess Benefit Plan Right represents the right to receive one Common Share.

F4: The reported ESOP Excess Benefit Plan Rights were acquired under The Chubb Corporation ESOP Excess Benefits Plan and are to be settled upon the Reporting Person's separation from service.

F5: Includes 6,487.155 rights previously reported by the Reporting Person, and 122.442 rights that were subsequently credited pursuant to the dividend investment provisions of the excess benefits plan.

F6: Total excludes derivative securities of other types and tranches, different vesting terms, performance periods and conditions, exercise terms and conditions, and expiration dates, as applicable.