Filed Pursuant To Rule 433
Registration Statements No. 333-130378 and 333-130378-02
$300,000,000
ACE INA Holdings Inc.
6.70% Senior Notes due 2036
Fully and Unconditionally Guaranteed by
ACE Limited
FINAL TERM SHEET
Dated: May 8, 2006
| Issuer: | ACE INA Holdings Inc. | |
| Guarantor: | ACE Limited | |
| Size: | $300,000,000 | |
| Maturity: | May 15, 2036 | |
| Coupon (Interest Rate): | 6.70% | |
| Yield to Maturity: | 6.748% | |
| Spread to Benchmark Treasury: | +145 basis points | |
| Benchmark Treasury: | 5.375% UST due February 2031 | |
| Benchmark Treasury Price and Yield: | 101.1+ and 5.298% | |
| Interest Payment Dates: | May 15 and November 15, commencing November 15, 2006 | |
| Redemption Provision: | Make Whole Call – UST+20 | |
| Redemption for Changes in Withholding Taxes - Par | ||
| Price to Public: | 99.388% | |
| Net Proceeds to ACE INA (before expenses): | $295,539,000 | |
| Settlement Date: | May 22, 2006 | |
The issuer and the guarantor have filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer and the guarantor have filed with the SEC for more complete information about the issuer, the guarantor and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site atwww.sec.gov. Alternatively, Wachovia Capital Markets, LLC can arrange to send you the prospectus if you request it by calling 1-800-326-5897 or e-mailing syndicate.ops@wachovia.com
