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Standard & Poor’s Reaffirms ACE’S A+ Financial Strength Ratings; Outlook Remains Stable

ZURICH, Switzerland – October 18, 2008 – ACE Limited (NYSE: ACE) announced today that on Friday, October 17, Standard & Poor's reaffirmed all of ACE's financial strength and counterparty credit ratings. All of the company’s S&P ratings, including its A+ Financial Strength rating for the core operating companies, were reaffirmed. S&P also confirmed that the outlook on all ACE companies remains stable.

The ACE Group of Companies is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited, the ACE Group of Companies conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at: www.acelimited.com.

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Media Contact
Stephen Wasdick
ACE North America Communications
212 827-4444
stephen.wasdick@ace-ina.com

Investor Contact
Helen M. Wilson
441 299-9283

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