AM Best Assigns Issue Credit Ratings to Chubb INA Holdings LLC's Senior Unsecured Bonds
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 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250731076627/en/
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
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
23 minutes ago
- Bloomberg
Philippines Sells $3.65 Billion of Bonds to Individual Investors
The Philippines sold 210 billion pesos ($3.65 billion) of treasury bonds to individual investors Tuesday, utilizing a key funding source to plug its budget gap. It accepted more than half of the 354 billion pesos bids in a retail bonds auction Tuesday, the Bureau of the Treasury announced. The five-year bond, which comes with an offer to exchange eligible holdings with the new issue, was priced at a coupon of 6%. The bonds will be offered to the general public through Aug. 15.
Bloomberg
23 minutes ago
- Bloomberg
US Explores Better Location Trackers for AI Chips
Good morning. The US wants to improve location-tracking capabilities in AI chips. Wall Street banks are cautioning a pullback in US stocks. And Hong Kong issues a record number of black rain warnings. Listen to the day's top stories. The US is looking at ways to equip semiconductors with better location-tracking capabilities, said Michael Kratsios, one of the architects of a US AI action plan unveiled by Trump last month. That underscores Washington's effort to curtail the flow of chips made by the likes of Nvidia to China. Meanwhile, Palantir Technologies reported a 48% increase in quarterly sales to more than $1 billion, citing the ' astonishing impact ' of AI technology on its business.
Bloomberg
23 minutes ago
- Bloomberg
TSMC Discovers Potential Leak of Advanced Chipmaking Tech
Taiwan Semiconductor Manufacturing Co. has discovered a possible leak of trade secrets related to its advanced chipmaking techniques, and has taken action against staff deemed responsible. The chipmaker to Nvidia Corp. and Apple Inc. has initiated legal proceedings, TSMC said in a statement without elaborating. On Tuesday, the Nikkei reported that TSMC had fired several employees suspected of attempting to obtain critical proprietary information on 2-nanometer chip development. That next-generation semiconductor process is entering mass production in the second half of this year, and will eventually power a plethora of devices from smartphones to AI accelerators.
