Slide 1: Re-Domestication of ACE Limited
Re-Domestication of ACE Limited
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements Forward-looking statements made in this presentation reflect the Company’s current views with respect to future events and performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995
Slide 3: Why is ACE Limited re-domesticating?
Why is ACE Limited re-domesticating? ACE has grown considerably in past 23 years; Cayman domicile was more suitable for smaller enterprise Current domicile is incompatible with ACE as a major, global NYSE-listed company with significant presence in the U.S., Europe, Asia and Latin America Re-domicil
Slide 4: Why re-domesticate to Zurich, Switzerland?
Why re-domesticate to Zurich, Switzerland? Major financial center, home to many global financial and insurance companies Great stability – political, economic and regulatory A tradition of respecting the rule of law Relatively sophisticated financial regulation A network of excellent relations with
Slide 5: What are the benefits to the Company?
What are the benefits to the Company? A highly reputable jurisdiction with an image that is more in keeping with ACE Enhanced corporate structure Strategic flexibility Predictable legal and tax environment Costs little to nothing in net expense No material change to effective tax rate
Slide 6: What are the benefits to Shareholders?
What are the benefits to Shareholders? More shareholder-friendly jurisdiction: Swiss legal and regulatory system well-established and respected Financial reporting still in U.S. GAAP and in U.S. dollars Shares still listed on NYSE Dividend still paid in U.S. dollars Increased shareholder rights: Sha
Slide 7: What will ACE look like after re-domestication?
What will ACE look like after re- domestication? Bermuda Executive Offices ACE Limited Management Holding Company Bermuda Insurance & Reinsurance Subsidiaries New York Executive Offices ACE Group Holdings US & International Insurance & Reinsurance Subsidiaries Switzerland Strategic Holding Company A
Slide 8: What are Shareholders being asked to vote on?
What are Shareholders being asked to vote on? De-registration of the Company in Cayman Islands Market valuation of the Company’s subsidiaries for unconsolidated balance sheet purposes Increase in the par value of shares and a change in the par value currency from U.S. dollars to Swiss Francs Continu
Slide 9: Additional information
Additional information ACE Limited has filed a definitive proxy statement/prospectus with the SEC in connection with the proposed transaction. This document is not a substitute for the definitive proxy statement/prospectus or any other documents ACE has filed or will file with the SEC. Investors and