News Releases

LONDON--(BUSINESS WIRE)--ACE (NYSE:ACE) is pleased to announce the appointment of John Stanway as its UK & Ireland Regional Major Risks Casualty Manager.

John joins ACE from Chubb, where he was most recently Regional Casualty Manager. Prior to Chubb, John worked with Independent and London and Edinburgh underwriting casualty business. John’s wealth of experience and knowledge in the Major Risks casualty business makes him ideally positioned to assist in the ongoing development of ACE’s regional Major Risks Casualty portfolio. John will be based in ACE’s Manchester office.

Announcing John’s appointment, Mark Aaron, Manager Casualty, ACE Europe, UK & Ireland, said, “John will play a significant role in helping ACE to grow its regional Major Risks casualty business. ACE is one of very few insurers to have a Major Risks underwriting capability for casualty and property outside London. ACE has a distinct proposition for the Major Risks Casualty segment and John will help us to focus on development opportunities within this growing market.”

ENDS

Notes to editors:

ACE

ACE European Group has established branch offices in 16 countries across Europe, Freedom of Services permission to provide insurance services to clients in 27 EEA countries and affiliates in Egypt, Bahrain, Pakistan and Russia.

ACE European Group comprises the operations of ACE Europe, ACE Global Markets and ACE Tempest Re Group. ACE Europe provides a range of tailored Property and Casualty, Accident and Health and Personal Lines solutions for a diverse range of clients. ACE Global Markets (AGM) is ACE’s specialty international business, underwriting through ACE’s Lloyd’s Syndicate 2488 and ACE European Group Limited. Specialty lines include excess and surplus lines business, Marine, Aviation, Energy and Political Risk as well as Property, Financial Lines and Accident and Health. Additional information on ACE European Group can be found atwww.aceeuropeangroup.com.

The ACE Group of Companies is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE:ACE), a component of the Standard & Poor’s 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at: www.acelimited.com