ACE Limited (ACE) announced today that it has completed its acquisition of Chubb, creating the world’s largest publicly traded property and casualty insurance company.  ACE paid approximately $29.5 billion in the aggregate in cash and stock, based on the most recent closing price of ACE Limited shares and the number of outstanding shares of The Chubb Corporation common stock at the time of closing.  Effective immediately, ACE is adopting the Chubb name globally and the company will begin trading tomorrow on the New York Stock Exchange under the symbol “CB.” The company is also formally launching the new Chubb brand, including its visual identity and “signature.”  The new Chubb brand stands for superior underwriting, service and execution – attributes shared by both ACE and Chubb.