News Release

ACE Westchester Appoints Bob Meyer President, ACE Westchester Property; Allan Sanderson to Retire
Jun 3, 2010

PHILADELPHIA--(BUSINESS WIRE)--ACE Westchester, the ACE Group’s U.S.-based wholesale-focused property and casualty operation, today announced the appointment of Bob Meyer as President, ACE Westchester Property. Based in Roswell, Ga., Mr. Meyer will have responsibility for leading overall efforts, including new business development, strategic direction, and implementation of underwriting strategy and product development of all property products and services. Mr. Meyer will report to Dennis Crosby, President and Chief Executive Officer, ACE Westchester, and on a matrix basis, will report to Paul McNamee, President, North American Property, ACE Group.

“With his proven track record of technical underwriting, leadership, and vast industry knowledge, Bob is ideally suited to lead property underwriting operations as we continue to grow the wholesale-focused property operations of ACE Westchester,” said Mr. Crosby. “I’m confident Bob’s record of success will serve our company well as we set the stage for a strong future.”

ACE Westchester also announces the retirement of Allan Sanderson, who has served as President, ACE Westchester Property since 2004, and has held various senior leadership positions in ACE Westchester’s Property division over the past fifteen years. “Al has been instrumental in the growth and development of ACE Westchester’s Property operations, and his dedication and expertise have greatly contributed to its success,” said Mr. Crosby. “We wish him well in the future.”

With more than 25 years of experience in the insurance arena, Mr. Meyer most recently served as Senior Vice President, ACE Westchester Property, Eastern Regional Operations, since 2004, where he led the property underwriting operations for the Roswell, Chicago and New York regional offices. He previously served as Chief Underwriting Officer for ACE Westchester’s Property Division, a position he held since 2002, and prior to that, was Vice President, ACE Westchester Global Property Regional Operations, in Roswell, Ga. Prior to his tenure with ACE Westchester, Mr. Meyer held a variety of property branch underwriting positions in the global property and large risk property divisions of CIGNA Worldwide and CIGNA Special Risk Facilities, which are ACE predecessor organizations. He began his insurance career in 1985 as a Property Underwriter with Industrial Risk Insurers.

ACE Westchester is the U.S.-based wholesale-focused operating division of the ACE Group, headed by ACE Limited (NYSE: ACE), and is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor’s. ACE Westchester, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information about ACE Westchester Property and its suite of products and services can be found at www.acewestchester.com.

Celebrating 25 years of insuring progress, the ACE Group 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

Contact:

ACE Group
Carla L. Ferrara, 215-640-4744
Carla.ferrara@acegroup.com