SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 1, 1998
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ACE LIMITED
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(Exact name of registrant as specified in its charter)
Cayman Islands 1-11778 Not Applicable
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(State or other jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
The ACE Building
30 Woodbourne Avenue
Hamilton, Bermuda HM 08
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (441) 295-5200
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Not Applicable
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(Former name or former address, if changed since last report)
Item 2. Acquisition or Disposition of Assets.
On April 1, 1998, ACE Limited completed the acquisition of all of
the outstanding shares of capital stock of CAT Limited. The total consideration
paid in the acquisition was approximately $711 million, subject to certain post-
closing adjustments.
Included as Exhibit 99.3 to this Current Report on Form 8-K is a copy of
the press release dated April 1, 1998 announcing such completion.
Item 7. Financial Statements and Exhibits.
(a) Audited Financial Statements of CAT Limited.
See Exhibit 99.1
(b) Pro Forma Financial Information
See Exhibit 99.2
(c) Exhibits.
2.1 Stock Purchase Agreement dated as of March 25, 1998, by and among ACE
Limited, CAT Limited and the shareholders of CAT Limited
(Incorporated by reference to Exhibit 2.1 to ACE Limited's
Registration Statement on Form S-3 (Registration No. 333-49257)).
99.1 Audited Financial Statements of CAT Limited as of and for the years
ended December 31, 1997 and 1996.
99.2 Unaudited Pro Forma Condensed Consolidated Financial Information of
ACE Limited.
99.3 Press release, dated April 1, 1998
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Dated: April 16, 1998 ACE LIMITED
By: Christopher Z. Marshall
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Christopher Z. Marshall
Chief Financial Officer
EXHIBIT INDEX
Exhibit
Number Description
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99.1 Audited Financial Statements of CAT Limited as of and for the
year ended December 31, 1997 and 1996
99.2 Unaudited Pro Forma Condensed Consolidated Financial
Information of ACE Limited.
99.3 Press release, dated April 1, 1998