News Release

ACE Group Announces New Appointments within Its International Claims Team
Jul 20, 2010

LONDON--(BUSINESS WIRE)--ACE Group today announced several promotions within its European claims team.

Steve Parry is appointed Vice President, ACE Overseas General Property Claims. In addition to his existing role as Regional Property Claims Manager for Europe, Steve will also oversee property claims for all other regions within AOG.

Simon Hirst-Marsden is appointed Vice President ACE Overseas General Energy Claims. In addition to his existing role as Regional Marine, Aviation, Transport and Energy Claims Manager for Europe, Simon will oversee Energy claims for all other regions within AOG.

In their new roles, both Steve and Simon will report to Peter Murray, Claims Director, ACE European Group, and Roger Day, EVP ACE Overseas General.

Commenting on the appointments, Peter Murray said;

"Claims is at the heart of ACE’s client service proposition and Steve Parry has helped strengthen our claims service throughout Europe. In his expanded international role, he will use his European experience to support ACE’s property claims service in other regions".

“Simon Hirst-Marsden has extensive Energy claims knowledge and experience. In his new role that knowledge and experience will be available to support Energy claims throughout ACE’s international operations".

Roger Day said;

"As our business has developed, it has become clear that there is a growing inter-relationship across our regions, particularly when responding to major catastrophic events. I look forward to working closely with both Steve and Simon as we seek to further strengthen our claims service in supporting the ACE Overseas General business".

Headed by ACE Limited (NYSE:ACE), the ACE Group conducts its business on a worldwide basis with operating subsidiaries in 53 countries. Additional information can be found at: www.acegroup.com

Contact:

ACE Group
Miles Russell
+44 (0) 20 7173 7578
miles.russell@acegroup.com