SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
DUPERREAULT BRIAN

(Last) (First) (Middle)
ACE GLOBAL HEADQUARTERS
17 WOODBOURNE AVENUE

(Street)
HAMILTON, BERMUDA HM 08

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ACE LTD [ ACE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman
3. Date of Earliest Transaction (Month/Day/Year)
01/04/2006
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 12/01/2005 G V 2,000 D $0 948,173.8992 D
Ordinary Shares 12/19/2005 G V 500 D $0 947,673.8992 D
Ordinary Shares 12/20/2005 G V 4,000 D $0 973,673.8992 D
Ordinary Shares 01/04/2006 S 200(1) D $55 943,473.8992 D
Ordinary Shares 01/04/2006 S 7,400(1) D $55.027 936,073.8992 D
Ordinary Shares 01/04/2006 S 5,000(1) D $55.0722 931,073.8992 D
Ordinary Shares 01/04/2006 S 5,200(1) D $55.1192 925,873.8992 D
Ordinary Shares 01/04/2006 S 19,800(1) D $55.1208 906,073.8992 D
Ordinary Shares 01/04/2006 S 2,500(1) D $55.1396 903,573.8992 D
Ordinary Shares 01/04/2006 S 7,200(1) D $55.1619 896,373.8992 D
Ordinary Shares 01/04/2006 S 2,700(1) D $55.2352 893,673.8992 D
Ordinary Shares 01/04/2006 S 200(1) D $55.29 893,473.8992 D
Ordinary Shares 01/04/2006 S 3,100(1) D $55.3674 890,373.8992 D
Ordinary Shares 01/04/2006 S 3,100(1) D $55.3816 887,273.8992 D
Ordinary Shares 01/04/2006 S 2,900(1) D $55.3852 884,373.8992 D
Ordinary Shares 01/04/2006 S 1,600(1) D $55.4038 882,773.8992 D
Ordinary Shares 01/04/2006 S 2,400(1) D $55.4046 880,373.8992 D
Ordinary Shares 01/04/2006 S 3,200(1) D $55.4066 877,173.8992 D
Ordinary Shares 01/04/2006 S 3,400(1) D $55.41 873,773.8992 D
Ordinary Shares 01/04/2006 S 3,000(1) D $55.4167 870,773.8992 D
Ordinary Shares 01/04/2006 S 5,500(1) D $55.4278 865,273.8992 D
Ordinary Shares 01/04/2006 S 3,400(1) D $55.4603 861,873.8992 D
Ordinary Shares 01/04/2006 S 3,900(1) D $55.499 857,973.8992 D
Ordinary Shares 01/04/2006 S 200(1) D $55.5 857,773.8992 D
Ordinary Shares 01/04/2006 S 5,200(1) D $55.5029 852,573.8992 D
Ordinary Shares 01/04/2006 S 4,900(1) D $55.5076 847,673.8992 D
Ordinary Shares 01/04/2006 S 3,000(1) D $55.6 844,673.8992 D
Ordinary Shares 01/04/2006 S 1,000(1) D $55.61 843,673.8992 D
Ordinary Shares 100 I By son
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares were sold in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
Signed for Brian Duperreault by Keith White pursuant to a power of attorney on file with the Securities and Exchange Commission 01/05/2006
** 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 4 (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.