Best’s News & Research Service - June 05, 2026 01:25 PM (EDT)
AM Best Assigns Issue Credit Rating to Chubb INA Holdings LLC’s Senior Unsecured Notes
- June 05, 2026 01:25 PM (EDT)
//BestWire// - AM Best has assigned a Long-Term Issue Credit Rating of “a+” (Excellent) to Chubb INA Holdings LLC’s (Chubb) (Delaware) recently announced CAD 800 million issuance of senior unsecured notes in the Canadian market in two tranches, which are guaranteed by Chubb Limited: CAD 400 million issuance of 3.78% senior unsecured notes due 2031 and CAD 400 million issuance of 4.034% senior unsecured notes due 2033. The outlook assigned to these Credit Rating is stable.
Chubb intends to use the net proceeds from this offering 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.
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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.