Summary
ACE Limited (now Chubb Ltd) has filed an 8-K report detailing the completion of its re-domestication from the Cayman Islands to Switzerland, effective July 18, 2008. This significant corporate event involved the adoption of new Swiss Articles of Association and Organizational Regulations, which govern the rights of security holders. The re-domestication also resulted in a change of the company's CUSIP number. Investors should note that the details of these changes, particularly regarding share capital and par value reductions, were previously disclosed in a May 30, 2008, proxy statement/prospectus. This filing serves to confirm the effectiveness of these structural changes.
Key Highlights
- 1Completion of re-domestication from Cayman Islands to Switzerland effective July 18, 2008.
- 2New Swiss Articles of Association (Exhibit 4.1) and Organizational Regulations (Exhibit 4.2) are now effective.
- 3Modification to security holder rights as governed by the new Swiss Articles of Association.
- 4The company's CUSIP number has changed to H0023R 10 5 following the re-domestication.
- 5The details of share capital arrangements and par value reductions were previously outlined in a May 30, 2008, proxy statement/prospectus.
- 6The filing incorporates by reference the new Articles of Association and Organizational Regulations, as well as a press release regarding the re-domestication.