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^*

Lupica John J

(Last)

(First)

(Middle)

436 WALNUT STREET

(Street)

PHILADELPHIA

19106-3703

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/11/2011

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

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chrm, Ins - NA, Pres.- ACE USA

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	99,851.2⁽¹⁾	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	⁽²⁾	02/25/2014	Common Shares	16,000	$43.56	D
Options to Acquire	⁽³⁾	02/23/2015	Common Shares	12,370	$44.48	D
Options to Acquire	⁽⁴⁾	02/22/2016	Common Shares	9,790	$56.4	D
Options to Acquire	⁽⁵⁾	02/28/2017	Common Shares	11,130	$56.14	D
Options to Acquire	⁽⁶⁾	02/27/2018	Common Shares	10,630	$60.28	D
Options to Acquire	⁽⁷⁾	02/26/2019	Common Shares	15,420	$38.51	D
Options to Acquire	⁽⁸⁾	02/25/2020	Common Shares	13,648	$50.37	D
Options to Acquire	⁽⁹⁾	02/24/2021	Common Shares	11,977	$62.64	D

Explanation of Responses:

1. Total includes 95,697 shares of restricted stock awarded pursuant to the ACE Limited 2004 Long-Term Incentive Plan, all shares of which have vested.

2. The stock options vested in equal installments on February 25, 2005, February 25, 2006 and February 25, 2007.

3. The stock options vested in equal installments on February 23, 2006, February 23, 2007 and February 23, 2008.

4. The stock options vested in equal installments on February 22, 2007, February 22, 2008 and February 22, 2009.

5. The stock options vested in equal installments on February 28, 2008, February 28, 2009 and February 28, 2010.

6. The stock options vested in equal installments on February 27, 2009, February 27, 2010 and February 27, 2011.

7. The stock options vested or will vest in equal installments on February 26, 2010, February 26, 2011 and February 26, 2012.

8. The stock options vested or will vest in equal installments on February 25, 2011, February 25, 2012 and February 25, 2013.

9. The stock options will vest in equal installments on February 24, 2012, February 24, 2013 and February 24, 2014.

	/s/Samantha Froud, Attorney-in-fact	08/15/2011
	** 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.
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