X0306 4 2016-01-14 0 0000896159 Chubb Ltd CB 0001017391 CASH JAMES I CHUBB BUILDING 17 WOODBOURNE AVENUE HAMILTON D0 HM 08 BERMUDA 1 0 0 0 Market Value Units 0.00 2016-01-14 4 A 0 3083 A Common Shares 3083 3083 D Deferred Stock Units 0.00 2016-01-14 4 A 0 16051 A Common Shares 16051 16051 D Received in exchange for 2,635 Market Value Units in The Chubb Corporation Directors Deferred Compensation Plan in accordance with the Merger Agreement and pursuant to the requirements of Rule 16b-3. Market Value Units are fully vested and are payable in common shares and are paid out at separation from service, unless further deferred by the participant. Pursuant to the Merger Agreement, each such Chubb equity award was converted into a right to receive a number of ACE common shares equal to (a) 0.6019 ACE common shares plus (b) $62.93 in cash, divided by $110.798, which is the average closing price of ACE common shares for the five trading days prior to the closing date of the merger. Received in exchange for 13,720 Deferred Stock Units of Chubb in accordance with the Merger Agreement and pursuant to the requirements of Rule 16b-3. Deferred Stock Units are fully vested, but will not be payable, unless further deferred by the participant, until the 90th day after the earliest to occur of the reporting person's (i) death, (ii) disability, or (iii) separation from service. /s/ Samantha Froud, Attorney-in-fact 2016-01-19