Paula Cox to Join ACE as Corporate Counsel

March 25, 2002

ACE Group Chairman and CEO Brian Duperreault announced that Paula Cox JP, MP has been appointed to the position of Corporate Counsel of ACE Limited, providing legal support to a variety of departments.

“Ms. Cox will also be responsible for providing Corporate Governance services to other Bermuda based ACE affiliates,” said the announcement. “She will report directly to General Counsel Peter Mear and will assist in providing legal services to other client areas within the holding company.”

Ms. Cox held the position of VP and Senior Legal Counsel, Global Fund Services (GFS) at The Bank of Bermuda. “As the Head of Legal, Risk and Compliance for GFS Bermuda, her responsibilities included management oversight of various aspects of the Bank’s international operations,” said the announcement. She’s currently serving as Bermuda’s Minister of Education and Development, following a term as Minister of Labour, Home Affairs and Public Safety.

Mear indicated that in her role as legal counsel she would support ACE’s continued growth and development as a global organization. “ACE now has operations in 50 countries around the world, overseen by a holding company based in Bermuda,” Mear stated. “As the organization has grown, so too has the need for expert legal counsel. I know that the departments of ACE Limited and many of our subsidiaries will welcome the opportunity to work with Paula in achieving their business goals and objectives.”

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