News Release

ACE Europe Appoints UK & Ireland Marine Manager
Mar 20, 2009

LONDON--(BUSINESS WIRE)--ACE Europe has appointed Mike Reynolds as Marine Manager for the UK & Ireland.

Mike will be responsible for managing the ACE’s marine portfolio written outside of its London market operation through ACE Europe’s 11 regional and London offices. Also under his management will be the traditional cargo product offered through the ACE Online system with which brokers can quote, bind and renew business online.

He will report to both Peter Seymour, Senior Vice President – Marine, ACE Overseas General and Richard Pryce, President, ACE UK.

Peter Seymour comments: “Mike brings with him over 20 years of marine underwriting experience and I am confident that in this additional role he will continue to profitably expand our marine book of business in the UK and Ireland.”

Notes to Editors

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