Item  3.03 Material Modification to Rights of Security Holders

In connection with the Company’s redomestication from the Cayman Islands to Switzerland, the shareholders of the Company on July 10, 2008 approved an amendment to the Company’s Memorandum of Association that changed the share capital of the Company to CHF 16,870,000,000 divided into 500,000,000 Ordinary Shares, par value of CHF 33.74 per share, as further described in the Company’s proxy statement/prospectus dated May 30, 2008, as filed with the Securities and Exchange Commission pursuant to Rule 424(b)(3) on May 30, 2008, under the heading “Proposal No. 4: Amendment of Memorandum of Association to Facilitate Change of Par Value”, which is hereby incorporated herein by reference.

 

Item 7.01 Regulation FD Disclosure

As required by the recent amendment to the Company’s Articles of Association, the Company prepared an audited special purpose unconsolidated balance sheet valuing the investment in the Company’s subsidiaries based on a “mark-to-market” basis with the increase in fair value resulting in an increase to retained earnings. A copy of that balance sheet is attached hereto as Exhibit 99.1.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit
Number

  

Description

99.1    Audited Special Purpose Unconsolidated Balance Sheet Valuing the Investment in the Company’s Subsidiaries Based on a “Mark-to-Market” Basis

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

ACE LIMITED
By:   /s/ ROBERT F. CUSUMANO
 

Robert F. Cusumano

General Counsel

DATE: July 14, 2008