News Release

ACE Global Markets Appoints Malcolm Brett Head of Aviation
Jun 10, 2010

LONDON--(BUSINESS WIRE)--ACE Global Markets (AGM) has today announced the appointment of Malcolm Brett as Product Line Head of Aviation. John Green, former Product Line Head of Aviation, will remain with the company as Director of Aviation.

Richard Pryce, President ACE UK, said: “Malcolm has held the position of ACE Global Markets Aviation Underwriting Director for the last five years and with 28 years experience, is well known throughout the aviation market. In his new role, Malcolm will report to Matthew Shaw, Chief Underwriting Officer.

John has 43 years experience of aviation underwriting, and thanks to his leadership, AGM is a recognized market leader in the aviation business. Although John has now decided to stand down as Product Line Head, given his considerable experience and market profile, we are pleased to announce that he will remain with the company. Malcolm has worked alongside John for many years and as he takes over the helm, this will ensure a smooth transition for clients and brokers alike.”

About ACE

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 and commerical and individual customers in more than 170 countries.

Additional information can be found at: www.acegroup.com

ACE Global Markets (AGM) is the ACE Group’s specialty international underwriting business, with distribution capabilities offered through both ACE European Group Limited (AEGL) and ACE’s Lloyd’s Syndicate 2488, managed by ACE Underwriting Agencies Limited (AUAL). AGM’s product range covers principally E&S business, aviation, financial lines, property, marine, energy and political risks.

For more information on AGM please go to www.aceglobalmarkets.com

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Contact:

Concise Public Relations
Alex Wise
+44-(0)20-7100-3960 or +44-(0)7710-665615
alex@concisepr.com
or
ACE
Katie Weeks
ACE Communications Manager
+44-(0)207-173-7585
katie.weeks@acegroup.com