2005-9-13 ACE Limited (NYSE: ACE) 8-K

http://www.sec.gov/Archives/edgar/data/896159/000119312505184448/0001193125-05-1844...
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<SEC-DOCUMENT>0001193125-05-184448.txt : 20050913
<SEC-HEADER>0001193125-05-184448.hdr.sgml : 20050913
<ACCEPTANCE-DATETIME>20050913110209
ACCESSION NUMBER:
0001193125-05-184448
CONFORMED SUBMISSION TYPE:
8-K
PUBLIC DOCUMENT COUNT:
4
CONFORMED PERIOD OF REPORT:
20050912
ITEM INFORMATION:
Other Events
ITEM INFORMATION:
Financial Statements and Exhibits
FILED AS OF DATE:
20050913
DATE AS OF CHANGE:
20050913
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME:
CENTRAL INDEX KEY:
STANDARD INDUSTRIAL CLASSIFICATION:
IRS NUMBER:
STATE OF INCORPORATION:
FISCAL YEAR END:
ACE LTD
0000896159
FIRE, MARINE & CASUALTY INSURANCE [6331]
000000000
D0
1231
FILING VALUES:
FORM TYPE:
SEC ACT:
SEC FILE NUMBER:
FILM NUMBER:
8-K
1934 Act
001-11778
051081387
BUSINESS ADDRESS:
STREET 1:
STREET 2:
CITY:
STATE:
ZIP:
BUSINESS PHONE:
ACE BLDG
30 WOODBOURNE AVE
HAMILTON HM 08 BERMU
D0
00000
8092955200
MAIL ADDRESS:
STREET 1:
CITY:
STATE:
ZIP:
</SEC-HEADER>
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<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
<BODY BGCOLOR="WHITE">
P O BOX HM 1015
HAMITON BERMUDA
D0
00000
<HR SIZE="3" NOSHADE COLOR="#000000" ALIGN="left"> UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 <HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> 
SIZE="1"> FORM 8-K </FO
SIZE="1" NOSHADE COLOR="#000000"> Current Re
STYLE="margin-top:0px;margin-bottom:0px"> Pursuant To Section 13 or 15 (d) of the </F
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">Securities Exchange Act of 1934 
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">Date of Report (Date of earliest event reported) September 12, 2005 <HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> ACE LIMITED (Exact name of registrant as specified in its charter) <HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> 
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" ALIGN="center">
<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center">Cayman Islands</TD>
<TD VALIGN="bottom"> </TD>
<TD VALIGN="top" ALIGN="center">1-11778</TD>
<TD VALIGN="top" ALIGN="center">98-0091805</TD></TR>
<TR>
<TD VALIGN="top" ALIGN="center">(State or other jurisdiction)</TD>
<TD VALIGN="top" ALIGN="center">(Commission File Number)</TD>
<TD VALIGN="top" ALIGN="center"> (I.R.S. Employer of Incorporation Identification No.)</TD></TR>
</TABLE> ACE Global
Headquarters 17 Woodbourne Avenue Hamilton HM 08 Bermuda (Address of principal executive offices) </
STYLE="margin-top:0px;margin-bottom:0px"> Registrants telephone number, including a
 Not applicable </
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">(Former name or former address, if changed since last report) <F
SIZE="1"> <HR WIDTH="17%" SIZE="1" NOSHADE COLOR="#000000"> see General Instruction A.2. below): 
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">¨</TD>
<TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </TD></TR></TABLE> 
<TR>
<TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </TD></TR></TABLE> 
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </TD></TR></TABLE> 
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </TD></TR></TABLE> (Former name or form
last report) <HR SIZE="3" NOSHADE COLOR="#000000" ALIGN="left">

<HR SIZE="3" COLOR="#999999" WIDTH="100%" ALIGN="CENTER">
Item 8.01 Other Events. On September 12, 2005, ACE Limited issued a press release with comments on the impact of Hurricane Katrina. The
hereto as Exhibit 99.1 and is hereby incorporated herein by reference. Item 9.01. Financial Statements and Exhibits. 
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top">Exhibits </TD></TR></TABLE> 
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%%" BORDER="0" ALIGN="center">
<TR>
<TD></TD>
<TR>
<TD VALIGN="bottom">Exhibit Number <HR WIDTH="42" SIZE="1" NOSHADE ALIGN="left" COLOR="#000000"></TD>
<TD VALIGN="bottom"> Description<HR WIDTH="61" SIZE="1" NOSHADE ALIGN="left" COLOR="#000000"></TD></TR>
1 of 4
8/12/11 4:26 PM
<TR>
<TD VALIGN="top">99.1</TD>
<TD VALIGN="bottom">Press release, dated September 12, 2005, reporting on impact of Hurricane Katrina</TD></TR>
</TABLE>
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
duly authorized. <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">
<TR>
<TR>
<TD VALIGN="top" COLSPAN="3">ACE LIMITED</TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"> /s/ Phillip V. Bancroft </
COLOR="#000000"></TD></TR>
<TR>
<TD VALIGN="top"> </TD>
<TD VALIGN="bottom" ALIGN="center">Philip V. Bancroft</TD></TR>
<TR>
<TD VALIGN="bottom" ALIGN="center">Chief Financial Officer</TD></TR>
</TABLE></DIV> DATE: September 12, 2005

EXHIBIT INDEX 
<TD></TD>
<TR>
<TD VALIGN="bottom">Number <HR WIDTH="44" SIZE="1" NOSHADE ALIGN="left" COLOR="#000000"></TD>
<TD VALIGN="bottom"> Description<HR WIDTH="65" SIZE="1" NOSHADE ALIGN="left" COLOR="#000000"></TD></TR>
<TR>
<TD VALIGN="top">99.1</TD>
<TD VALIGN="top">Press release, dated September 12, 2005, reporting on impact of Hurricane Katrina</TD></TR>
</TABLE>
</BODY></HTML>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>dex991.htm
<DESCRIPTION>PRESS RELEASE
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<HTML><HEAD>
<TITLE>Press release</TITLE>
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<BODY BGCOLOR="WHITE">
Exhibit 99.1 
<TR>
<TD VALIGN="top">
<IMG SRC="g27939img001.jpg" ALT="LOGO"></TD>

<TD VALIGN="top"> ACE Limited ACE Global Headquarters 17 Woodbourne Avenue Hamilton HM 08 Bermuda</TD>
<TD VALIGN="top"> PO Box HM 1015 Hamilton HM DX Bermuda 441 295-5200 main 441 292-8675 fax</TD>
<TD VALIGN="top">
<IMG SRC="g27939img003.jpg" ALT="LOGO"></TD></TR>
<TR>
<TD VALIGN="bottom"> </TD></TR>
<TR>
<TD VALIGN="bottom">www.acelimited.com</TD>
<TD VALIGN="bottom"> </TD></TR>
</TABLE> FOR IMMEDIATE RELEASE
 <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0">
<TR>
<TD></TD>
<TR>
<TD VALIGN="bottom">Investor Contact:</TD>
<TD VALIGN="bottom">Helen M. Wilson</TD></TR>
<TR>
<TD VALIGN="bottom"> (441) 299-9283</TD></TR>
<TR>
<TD VALIGN="bottom"> helen.wilson@ace.bm</TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top">Media Contact:</TD>
<TD VALIGN="bottom">Robert T. Grieves</TD></TR>
<TR>
2 of 4
8/12/11 4:26 PM

<TD VALIGN="bottom">(212) 621-8684</TD></TR>
<TR>
<TD VALIGN="bottom"> robert.grieves@ace-ina.com</TD></TR>
</TABLE></DIV> ACE LIMITED
COMMENTS ON IMPACT OF HURRICANE KATRINA HA
September 12, 2005 ACE Limited (NYSE: ACE) released the following statement today from ACE Limited President & Chief Executive Officer Evan Greenberg: Hurricane Katrina, the category 4 storm that struck the Gulf Coast of the United States on August 29,
the failure of the levee system in New Orleans have produced losses on an unprecedented scale. The human suffering and economic damage are staggering, and our hearts go out to all those who have been directly affected. Du
of the storm and flooding, total covered losses for the insurance industry remain hard to predict, although it is clear that losses will be widespread and affect all areas of the industry. ACE will not know exact losses w
to come. However, at this time, preliminary estimates indicate that total net losses for the entire ACE Group of Companies will be approximately $450 million to $550 million after-tax. On Friday, September 2, ACE announced to its employees the c
Katrina Relief Fund, which will accept contributions from all ACE employees around the world and match those contributions at a rate of 100%. Additionally, the Company will make a $1 million contribution to the Fund. </FO
STYLE="margin-top:0px;margin-bottom:0px"> The ACE Group of Companies is a global leader in ins
group of clients. Headed by ACE Limited, a component of the Standard & Poors 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries.
be found at: www.acelimited.com. 
Cautionary Statement Regarding Forward-Looking Statements: Any forward-looking statements made in this press release ref
current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and unc
actual results to differ materially from those set forth in these statements. Among other things, the forward-looking statements concerning the impact of Hurricane Katrina could be affected by the number of insureds and c
the hurricane, the amount and timing of losses actually incurred and reported by insureds, the preliminary nature of reports and estimates of loss to date, communication and access issues, the impact of the hurricane on t
reinsurers, the amount and timing of reinsurance recoverables actually received and complex coverage and regulatory issues such as whether losses occurred from storm surge or flood, as well as managements response t
factors identified in the Companys filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on whic
undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. # # # 
Page 2/2 
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</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
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-----BEGIN PRIVACY-ENHANCED MESSAGE----Proc-Type: 2001,MIC-CLEAR

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