HAMILTON, Bermuda -- May 16, 2002 -- The Board of Directors of ACE Limited (NYSE: ACE) today voted to increase the quarterly dividend to 17 cents per ordinary share from 15 cents per ordinary share, payable on July 12, 2002 to shareholders of record at the close of business on June 28, 2002.
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.