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ACE LIMITED INCREASES QUARTERLY DIVIDEND
HAMILTON, Bermuda: May 26, 2005 - The Board of Directors of ACE Limited (NYSE: ACE) today voted to increase the quarterly dividend to 23 cents per ordinary share from 21 cents per ordinary share, payable on July 14, 2005 to shareholders of record at the close of business on June 30, 2005.
The Board of Directors also declared a dividend of $4.875 per Cumulative Redeemable Preferred Series C share, payable on June 1, 2005 to shareholders of record at the close of business on May 31, 2005. This translates to 48.75 cents per Depositary Share.
The ACE Group of Companies is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited, a component of the Standard & Poor's 500 stock index, 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.