ACE Appoints European e-Commerce Manager

ACE (NYSE:ACE) has announced the appointment of Carl Faulkner as
its European e-Commerce Manager.

In his new role, Carl will work closely with ACE´s Underwriting
and Business Development teams across the UK and Europe. He will be
responsible for developing the distribution of ACE´s products both
through its own online system, ACE Online and strategic alliances with
key market players.

Carl has a strong e-commerce background in the financial services
industry and before joining ACE in 2006 as e-Commerce Manger for
Continental Europe he developed e-commerce offerings for a number of
companies including Allianz Group and Egg.

Commenting on the appointment, Andrew Kendrick, ACE European Group
Chairman and CEO said: "Carl will be instrumental in driving ACE´s use
of e-commerce to offer even greater levels of service and efficiency
to our broker partners.

"E-commerce will play a key role in ACE´s growth strategy in the
UK and Europe. Launched in 2006, ACE Online has seen considerable
success in the cost effective and timely delivery of our products to a
wider broker market, not to mention the added benefit of achieving
contract certainty at inception. ACE Online is also proving successful
in providing small to medium sized clients with access to our
specialty products - such as Directors & Officers and Excess Casualty.

"Carl´s appointment ensures that ACE will remain best positioned
to harness the new opportunities that online technology brings to the
insurance market."

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 EEA countries and affiliates in Egypt,
Bahrain, Pakistan and Russia.

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), a component of the Standard & Poor´s 500 stock index, 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