HAMILTON , Bermuda – September 30, 2004 – ACE Limited (NYSE: ACE) has published the Company’s Global Loss Triangles today, September 30, 2004 .    Please refer to the ACE Limited website at www.acelimited.com in the Investor Information section under Financial Reports for copies of these documents.   ACE’s website reference (url) is http://media.corporate-ir.net/media_files/nys/ace/reports/losstriangles_1.xls (Due to the length of this URL, it may be necessary to copy and paste this hyperlink into your Internet browser’s URL address field).

This disclosure is fulfilling our previous commitment to provide information on our Global Loss Triangles and has not been triggered by any event or catalyst.

ACE will conduct a conference call to discuss this disclosure on   Friday, October 1, 2004 at 9:00 a.m. Eastern Daylight Time.   The conference call will be available via live and archived audio webcast at www.acelimited.com .   Please refer to the ACE Limited website in the Investor Information section under Calendar of Events for details.   A replay of the call will be available until Friday, October 22, 2004 .   To listen to the replay dial: 1-877-519-4471 (in the United States ) or 1-973-341-3080 (international); passcode 5204382.  

The conference call, webcast and its content thereof, and any tape, broadcast, or publication by ACE Limited, are the sole, copyrighted property of ACE Limited and may not be copied, taped, rebroadcast, or published in whole or in part without the express written consent of ACE Limited.

The ACE Group of Companies is a global leader in insurance and reinsurance serving a diverse group of clients.   A component of the Standard & Poor’s 500 stock index, The ACE Group conducts its business on a worldwide basis with operating subsidiaries in nearly 50 countries.   Additional information can be found at www.acelimited.com .

Contact Information

Investor Contact:                                                  Helen M. Wilson (441) 299-9283 helen.wilson@ace.bm Media Contact:            John Herbkersman (215) 640-5119 john.herbkersman@ace-ina.com