Chubb INA Holdings LLC's senior unsecured bonds receive credit rating evaluations from AM Best
AM Best Assigns "a+" Rating to Chubb's CNY 4.5 Billion Bond Issuance
In a significant development, global credit rating agency AM Best has assigned a Long-Term Issue Credit Rating of "a+" (Excellent) to Chubb INA Holdings LLC's CNY 4.5 billion bond issuance in Hong Kong. This rating reflects Chubb's strong financial position, demonstrated capital strength, and creditworthiness.
The bond issuance consists of three tranches: CNY 1 billion 2.5% due 2030, CNY 1.5 billion 2.75% due 2035, and CNY 2 billion 3.05% due 2055. All tranches are senior unsecured and guaranteed by Chubb Limited.
AM Best affirmed the rating with a stable outlook, indicating confidence in Chubb's ability to meet its debt obligations and its overall financial stability supporting the bond issuance. This rating assignment underscores Chubb's excellent credit quality, backed by its solid financial structure.
Chubb intends to use the net proceeds from these offerings for general corporate purposes, including the redemption, repurchase, or repayment of outstanding indebtedness. The long-term maturities of the bond tranches offer investors fixed income streams, with maturities spanning 10, 15, and 30 years at coupons ranging from 2.5% to 3.05%.
AM Best operates in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore, and Mexico City. For more information, visit www.ambest.com.
Contact Information
- Carlos Wong-Fupuy, Senior Director: 1 908 882 2438, [email protected]
- Alan Murray, Director: 1 908 882 2195, [email protected]
- Al Slavin, Senior Public Relations Specialist: 1 908 882 2318, [email protected]
- Christopher Sharkey, Associate Director of Public Relations: 1 908 882 2310, [email protected]
Background
Chubb Limited is the Swiss-incorporated holding company of the Chubb Group of Insurance Companies. AM Best is a global credit rating agency, news publisher, and data analytics provider specializing in the insurance industry. This press release was sent via Business Wire's email service.
Important Notices
- As of June 30, 2025, Chubb had total assets of USD 261.6 billion and shareholders' equity (excluding noncontrolling interests) of USD 69.4 billion.
- Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
- This press release was sent via Business Wire's email service.
In the wake of this news, investors may find the long-term maturities of Chubb's bond tranches appealing, as they offer fixed income streams in the cloud, spanning 10, 15, and 30 years at competitive coupon rates. This rating assignment by AM Best, highlighting Chubb's excellent credit quality, could boost the company's performance in the finance industry, potentially attracting more business partners. Moreover, for industry professionals seeking insights on Chubb's rating, they can reach out to key contacts at AM Best, such as Carlos Wong-Fupuy, Alan Murray, Al Slavin, and Christopher Sharkey.
