News Release

ACE Expands Major Risks Client Service with Further Key Appointment
Mar 7, 2009

LONDON--(BUSINESS WIRE)--ACE European Group (ACE) has announced the appointment of Shaun Edwards as a Client Relationship Manager for its Major Risks business, in a move which further enhances ACE’s profile and broker relationships within this area.

Shaun will work closely with ACE’s brokers and will be responsible for the retention of existing clients as well as the development of new client relationships. He joins Jeff Carr, who was appointed Client Relationship Manager earlier this year. ACE is a leading player in the UK & Ireland Major Risks segment and provides bespoke insurance programs to over 90% of companies making up the FTSE 100.

Prior to joining ACE, Shaun was Head of Client Management at Allianz Global Corporate and Specialty and Client Executive Director at Willis Group Holdings. Shaun will be based in ACE’s Leadenhall Street Head Office and will report to Phil Sharpe, Director of Casualty and Major Risks, UK & Ireland.

Phil Sharpe said: “Over the next few years our Major Risks service offering will form a key segment for ACE European Group. Shaun’s experience and knowledge will play a key role in helping us to achieve our growth targets in this area and we are delighted to have him in the team going forward.”

About ACE

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 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 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), 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

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Contact:

ACE
Katie Weeks, + 44 (0) 20 7173 7585
Communications Manager
katie.weeks@acegroup.com