ACE Appoints Corporate P&C Underwriting Managers

This follows the company's
announcement in September of a new operating structure in the UK and
Ireland with the creation of the Corporate and Major Risks business
segments and a new senior regional management structure.

John will be responsible for ACE's Corporate P&C underwriting in the
Northern Region encompassing Manchester, Leeds and Newcastle branches,
reporting to the UK North Regional Manager. Graeme will head up
Corporate P&C underwriting in the Southern Region including ACE's
London, Watford, Maidstone and Reading branches reporting to the
Corporate Manager for the Southern Region.

Pat Drinan, ACE UK's Director of Corporate Risk comments: "The
appointment of Graeme and John in these Corporate P&C underwriting roles
provides our brokers with seamless access to our broad Property and
Casualty proposition.

"Our focus is on working together to deliver customer focussed
solutions. Both these roles will ensure our P&C teams deliver responsive
technical expertise and service support, in a way that is aligned
directly to the needs of brokers and clients in the Corporate segment. I
am particularly pleased to be able to promote two individuals from
within ACE to these important roles and it is a testament to the calibre
of people we have in our business".

ENDS

About 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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SOURCE: ACE

ACE Group 
Katie Weeks 
Communications Manager 
+ 44 (0) 20 7173 7585 
katie.weeks@acegroup.com

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