Insurance Companies

Transfer of Direct Non-life Insurance Business from

CHUBB INSURANCE COMPANY OF EUROPE S.A. (“CICE SA”)

to

CHUBB INSURANCE COMPANY OF EUROPE SE (“CICE SE”)

1.  Notice is hereby given that CICE SA has applied to the Commission Bancaire, Financiere et des Assurances (the “CBFA”), the Belgian insurance supervisory authority, on 18 August 2008 for its approval, pursuant to article 12 of the Third Non-life Insurance Directive, to transfer to CICE SE all of the rights and obligations under direct insurance policies written by CICE SA, including those written through its branch in the United Kingdom.

2.  A statement setting out details of the transfer can be obtained from CICE SA by contacting Kate Hillery at CICE SA, Cotton Centre, Hays Lane, London SE1 2PQ. mailto:khillery@chubb.com

3.  It you believe you would be adversely affected by the proposed transfer you are entitled to make written representations to The Regulatory Decisions Department, Financial Services Authority, 25 North Colonnade, Canary Wharf, London E14 5HS. Representations should be made six weeks from the date of this publication.