-

AM Best Assigns Issue Credit Rating to Chubb INA Holdings LLC’s Senior Unsecured Notes

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “a+” (Excellent) to Chubb INA Holdings LLC’s (Chubb) (Delaware) recently announced USD 1.25 billion issuance of 4.9% senior unsecured notes due 2035 in the U.S. market, which are guaranteed by Chubb Limited. The outlook assigned to this 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 June 30, 2025, Chubb had total assets of USD 261.6 billion and shareholders’ equity (excluding noncontrolling interests) of USD 69.4 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, Best’s Performance Assessments, Best’s Preliminary Credit Assessments 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. For more information, visit www.ambest.com.

Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Alan Murray
Director
+1 908 882 2195
alan.murray@ambest.com

Carlos Wong-Fupuy
Senior Director
+1 908 882 2438
carlos.wong-fupuy@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

AM Best


Release Versions
Hashtags

Contacts

Alan Murray
Director
+1 908 882 2195
alan.murray@ambest.com

Carlos Wong-Fupuy
Senior Director
+1 908 882 2438
carlos.wong-fupuy@ambest.com

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com

Social Media Profiles
More News From AM Best

Best’s Special Report: Bond Shifts Highlight Evolving Investment Strategies Among US Life/Annuity Insurers

OLDWICK, N.J.--(BUSINESS WIRE)--The National Association of Insurance Commissioners’ (NAIC) new principles-based bond definition has shone a brighter spotlight on shifting U.S. life/annuity insurer investment strategies amid increased private placements and allocations to asset-backed securities, according to a new AM Best report.The NAIC’s revision of its definition of a bond to focus more on the substance of the security and less on its legal structure took effect in 2025, and with the change,...

AM Best Assigns Credit Ratings to MAAGAP Insurance Inc.

SINGAPORE--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of B+ (Good), a Long-Term Issuer Credit Rating of “bbb-” (Good) and a Philippines National Scale Rating of aa.PH (Superior) to MAAGAP Insurance Inc. (MAAGAP) (Philippines). The outlook assigned to these Credit Ratings (ratings) is stable.The ratings reflect MAAGAP’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise...

AM Best Maintains Under Review With Developing Implications Status for Credit Ratings of Pillar Life Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has maintained the under review with developing implications status for the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Pillar Life Insurance Company (Pillar) (Harrisburg, PA).The Credit Ratings (ratings) reflect Pillar’s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, limited business profile and marginal enterprise risk management.The sale of Pi...
Back to Newsroom