AM Best Assigns Issue Credit Ratings to Chubb INA Holdings LLC’s Senior Unsecured Bonds
- May 13, 2026 03:01 PM (EDT)
//BestWire// - AM Best has assigned Long-Term Issue Credit Ratings of “a+” (Excellent) to Chubb INA Holdings LLC (Chubb) (Delaware) recently announced CNY 4.0 billion (approximately USD 586 million) issuance of senior unsecured bonds in the Hong Kong market in two tranches, which are guaranteed by Chubb Limited: CNY 2.5 billion 2.4% senior unsecured bonds due 2031; and CNY 1.5 billion 2.85% senior unsecured bonds due 2036. The outlook assigned to these Credit Ratings (rating) is stable.
Chubb intends to use the net proceeds from these offerings for general corporate purposes, which may include the redemption, repurchase or repayment of outstanding indebtedness.
Chubb Limited is the Swiss-incorporated holding company of the Chubb Group of Insurance Companies. At March 31, 2026, Chubb had total assets of USD 275.5 billion and shareholders’ equity (excluding noncontrolling interests) of USD 73.8 billion.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings (BCR), Best’s Performance Assessments (PA), Best’s Preliminary Credit Assessments (PCA) and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.