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ACE Limited Changes Ticker Symbol to ACE

Hamilton,Bermuda: 23 March 2001- ACE Limited

(NYSE:ACL, BSX:ACL.BH) today announced it will change its ticker symbol on the New York Stock Exchange from ACL to ACE, effective 12:01 a.m. Eastern Standard Time on Friday, March 30, 2001.

The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients. The ACE Group conducts its business on a

global basis with operating subsidiaries in nearly 50 countries.

Additional information can be found at: www.acelimited.com.