News Releases

ACE UK Appoints Director of Casualty and Major Risks
Jul 14, 2008

LONDON--(BUSINESS WIRE)--ACE (NYSE:ACE) has announced the appointment of Phil Sharpe as Director of Casualty and Major Risks for the UK & Ireland.

In his role, Phil will manage ACE UKs casualty portfolio across all eleven of its offices in the UK and Ireland, as well as co-ordinating the major risk activity.

Phil joins ACE from AIG where he was Director, Liabilities Division and prior to this Casualty Manager for the UK and Ireland. He has almost 30 years experience in the insurance market having held positions at CIGNA and Axa Global Risks.

Richard Pryce, President ACE UK commented: I am delighted to have someone of Phils calibre and experience leading our casualty business. In his role he will help to grow our portfolio across the UK and Ireland in all three sectors  major risks, commercial and international.

ACE

ACE European Group has established branch offices in 19 countries across Europe, Freedom of Services permission to provide insurance services to clients in 30 European countries and affiliates in Egypt, Bahrain, Pakistan, Russia and South Africa.

Part of the ACE Group of Companies, 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 ACEs specialty international business, underwriting through ACEs Lloyds 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 at www.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 & Poors 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

Contact:

Media Contact:
ACE
Katie Weeks, Communications Manager
+ 44 (0) 20 7173 7585
katie.weeks@ace-ina.com