SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Andrade Juan C

(Last)

(First)

(Middle)

THE CHUBB BUILDING

17 WOODBOURNE AVENUE

(Street)

HAMILTON

HM 08

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/25/2016

3. Issuer Name and Ticker or Trading Symbol
Chubb Ltd [ CB ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive Vice President*

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	29,754	D
Common Shares	5,600⁽¹⁾	D
Common Shares	4,360⁽²⁾	D
Common Shares	5,554⁽³⁾	D
Common Shares	5,813⁽⁴⁾	D
Common Shares	5,554⁽⁵⁾	D
Common Shares	5,813⁽⁶⁾	D
Common Shares	5,554⁽⁷⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Options to Acquire Common Shares	⁽⁸⁾	02/22/2022	Common Shares	9,373	$73.35	D
Options to Acquire Common Shares	⁽⁹⁾	02/28/2023	Common Shares	12,442	$85.39	D
Options to Acquire Common Shares	⁽¹⁰⁾	02/27/2024	Common Shares	12,919	$96.76	D
Options to Acquire Common Shares	⁽¹¹⁾	02/26/2025	Common Shares	14,808	$114.78	D

Explanation of Responses:

1. Restricted stock award pursuant to ACE Ltd. Long-Term Incentive Plan (the "Plan"). Stock vests in equal installments on February 28, 2016 and February 28, 2017.

2. Restricted stock award pursuant to the Plan. Stock vests in equal installments on February 27, 2016, February 27, 2017 and February 27, 2018.

3. Restricted stock award pursuant to the Plan. Stock vests in equal installments on February 26, 2016, February 26, 2017, February 26, 2018 and February 26, 2019.

4. Restricted stock award pursuant to the Plan. Stock vested or will vest in equal installments on February 27, 2015, February 27, 2016, February 27, 2017 and February 27, 2018, subject to the satisfaction of certain service and performance based criteria. Stock that does not become vested on a specified vesting date may become vested on a subsequent vesting date subject to the satisfaction of certain service and performance based criteria assessed as of such subsequent vesting date. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.

5. Restricted stock award pursuant to the Plan. Stock vested or will vest in equal installments on February 26, 2016, February 26, 2017, February 26, 2018 and February 26, 2019, subject to the satisfaction of certain service and performance based criteria. Stock that does not become vested on a specified vesting date may become vested on a subsequent vesting date subject to the satisfaction of certain service and performance based criteria assessed as of such subsequent vesting date. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.

6. Restricted stock award pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards described in Footnote 4, above. Stock vests on February 27, 2018, subject to the satisfaction of certain service and performance based criteria. Shares will not be entitled to vote until vested. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.

7. Restricted stock award pursuant to the Plan, representing a premium performance award with respect to the performance restricted stock awards described in Footnote 5, above. Stock vests on February 26, 2019, subject to the satisfaction of certain service and performance based criteria. Shares will not be entitled to vote until vested. Dividends shall be accumulated and distributed only when, and to the extent, that the shares have vested.

8. Option award pursuant to the Plan. The stock options vested in equal installments on February 23, 2013, February 23, 2014 and February 23, 2015.

9. Option award pursuant to the Plan. The stock options vested or will vest in equal installments on February 28, 2014, February 28, 2015 and February 28, 2016.

10. Option award pursuant to the Plan. The stock options vested or will vest in equal installments on February 27, 2015, February 27, 2016 and February 27, 2017.

11. Option award pursuant to the Plan. The stock options will vest in equal installments on February 26, 2016, February 26, 2017 and February 26, 2018.

Remarks:

*of Chubb Group and President of Overseas General Insurance Exhibit List Exhibit 24 - Power of Attorney

	/s/ Samantha Froud, Attorney-in-fact for Juan Andrade	02/25/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.