ACE Strengthens Environmental Risk Team as UK Prepares for New Legislation 

ACE Europe (ACE) (NYSE:ACE) has further strengthened its environmental risk team with the appointment of Chris Strong as Environmental Risk Underwriter. This appointment comes in advance of the forthcoming implementation of the EU Environmental Liability Directive (‘ELD’) in the UK

Chris will have responsibility for underwriting the full range of ACE’s Environmental Risk products, as well as supporting business and product developments in this area. His appointment continues the growth of ACE’s environmental risk capabilities and follows the appointment of Emma Bartolo as Environmental Risk Underwriter in Manchester earlier this year.

Commenting on Chris’s appointment, Wayne Harrington, Environmental Risk Manager for the UK & Ireland, said: "The long-awaited implementation of the ELD will increase the level of regulatory focus on environmental risks, presenting the business community with very real liabilities as a result. Expanding the team at this time demonstrates our commitment to providing the required insurance solutions. It also reinforces our strength and stability in this changing market.”

Chris joins ACE from AIG, where he was an Environmental Underwriter. He has also worked as an Environmental Consultant at AIG Consultants. Prior to joining AIG, Chris worked at WSP Environmental Limited as a Consultant.

Notes to Editors

ACE

ACE European Group has established branch offices in 19 countries across Europe, Freedom of Services permission to provide insurance services to clients in 30 European countries and affiliates in Egypt, Bahrain, Pakistan, Russia and South Africa.

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