News Release

ACE Europe Appoints Financial Lines Underwriter – Glasgow
Jun 24, 2009

LONDON--(BUSINESS WIRE)--ACE Europe (ACE) has announced the appointment of Alasdair Hunter as Financial Lines Underwriter for Scotland, based in its Glasgow branch.

Alasdair will work closely with ACE’s development underwriters to enhance broker relationships and grow the financial lines book of business within Scotland. He will be responsible for the development of new business and building on existing and new relationships.

Alasdair joins ACE from RSA where he held the position of Financial Lines Underwriter. Alasdair will be based in ACE’s Broomielaw office and will report to Simon Million, UK & Ireland D&O Manager and Gordon Scouller, Regional Manager Scotland.

Comments Simon: “I am delighted to welcome Alasdair to ACE. Scotland is an important growth opportunity for our financial lines offerings. In this challenging financial environment Directors of companies are facing significant risks for which they require adequate protection. Alasdair will work with our brokers to raise awareness of ACE’s financial lines solutions and provide us with the necessary knowledge and experience to enhance our position in the Scottish market.”

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 Europe
Katie Weeks
Communications Manager
+ 44 (0) 20 7173 7585
katie.weeks@ace-ina.com