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FOR IMMEDIATE RELEASE
OLDWICK - MAY 13, 2026 03:00 PM (EDT)
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.
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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.