OLDWICK, N.J.–(BUSINESS WIRE)–#insurance—AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (LongOLDWICK, N.J.–(BUSINESS WIRE)–#insurance—AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long

AM Best Affirms Credit Ratings of Chubb Limited and Its Subsidiaries

OLDWICK, N.J.–(BUSINESS WIRE)–#insurance—AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of the grouped subsidiaries of Chubb Limited (Chubb) (Zurich, Switzerland) [NYSE: CB]. These include Chubb’s rated U.S., Canada, Bermuda, Europe and Panama-based insurance and reinsurance subsidiaries (collectively Chubb Group of Insurance Companies, or Chubb Group). Concurrently, AM Best has affirmed the Long-Term ICRs of “a+” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of Chubb Limited and Chubb INA Holdings LLC (Delaware). In addition, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICRs of “aa-” (Superior) of Combined Insurance Company of America (Chicago, IL) and Combined Life Insurance Company of New York (Latham, NY) (together known as the Combined companies). AM Best also has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of ACE Life Insurance Company (ACE Life) (Stamford, CT). At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Chubb Life Insurance New Zealand Limited (Chubb Life NZ) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. (Please see the link below for a detailed listing of the companies and ratings.)

The ratings of the Chubb Group reflect Chubb’s balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, favorable business profile and appropriate enterprise risk management (ERM). Chubb’s very strong operating performance is anchored in the group’s consistently highly profitable underwriting performance – as reflected in a combined ratio in the mid-to-high 80 percent range that notably outperforms industry averages for highly rated insurers – as well as consistently solid investment returns on a high-quality investment portfolio.

Chubb’s business profile is notable for its product and geographic breadth and depth, as it operates in more than 50 countries and jurisdictions worldwide. Through ACE American Insurance Company and its pooled and/or substantially reinsured U.S. affiliates, Chubb is a market leader in U.S. commercial, specialty and agricultural insurance, as well as personal lines insurance for high-net-worth customers. Chubb’s rated Bermuda operations – most notably Chubb Bermuda Insurance Ltd. (a leader in the excess casualty marketplace, with a leading position among national and multi-national corporations), and Chubb Tempest Reinsurance Ltd (an international multiline reinsurer that also serves as the intra-group reinsurance hub for many of Chubb’s subsidiaries throughout the world) – are highly capitalized and are strategic assets for the group. Chubb European Group SE is one of the group’s largest operating entities and the primary vehicle for providing a wide variety of coverages and lines of business across multiple markets to Chubb’s European clients.

AM Best notes that Chubb’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), has consistently stood at the strongest level, benefiting from a very high-quality investment portfolio and excellent historical reserve adequacy position, a solid reinsurance program, and a high quality of capital, in part reflecting relatively modest reliance on debt in the group’s capital structure. Tempering capital strength is a somewhat elevated financial leverage relative to tangible capital, and a share repurchase program that has limited capital growth in recent years.

The ratings of the Combined companies reflect their balance sheet strength, which AM Best assesses as strong, as well as their strong operating performance, neutral business profile and appropriate ERM.

The ratings of ACE Life reflect its balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, very limited business profile and appropriate ERM. The ratings also reflect the continued financial support received from its parent.

The ratings of Chubb Life NZ reflect its balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate ERM. The ratings also factor in rating enhancement from the company’s parent and support from Chubb Limited.

A complete listing of Chubb Limited’s FSRs, Long-Term ICRs and Long-Term IRs also is available.

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 © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Contacts

Alan Murray
Director
+1 908 882 2195
[email protected]

Carlos Wong-Fupuy
Senior Director
+1 908 882 2438
[email protected]

Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
[email protected]

Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
[email protected]

Market Opportunity
Belong Logo
Belong Price(LONG)
$0.003496
$0.003496$0.003496
+0.05%
USD
Belong (LONG) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ex-Alipay UK Chief Eva Zhang to Lead Blockscout Into AI-Driven Growth

Ex-Alipay UK Chief Eva Zhang to Lead Blockscout Into AI-Driven Growth

Blockscout, the leading open-source block explorer for EVM chains, has appointed Eva Zhang, former CEO of Alipay UK, as its new chief executive officer.
Share
Blockchainreporter2025/09/18 19:00
UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future

UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future

The post UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future appeared on BitcoinEthereumNews.com. Key Highlights Microsoft and Google pledge billions as part of UK US tech partnership Nvidia to deploy 120,000 GPUs with British firm Nscale in Project Stargate Deal positions UK as an innovation hub rivaling global tech powers UK and US Seal $42 Billion Tech Pact Driving AI and Energy Future The UK and the US have signed a “Technological Prosperity Agreement” that paves the way for joint projects in artificial intelligence, quantum computing, and nuclear energy, according to Reuters. Donald Trump and King Charles review the guard of honour at Windsor Castle, 17 September 2025. Image: Kirsty Wigglesworth/Reuters The agreement was unveiled ahead of U.S. President Donald Trump’s second state visit to the UK, marking a historic moment in transatlantic technology cooperation. Billions Flow Into the UK Tech Sector As part of the deal, major American corporations pledged to invest $42 billion in the UK. Microsoft leads with a $30 billion investment to expand cloud and AI infrastructure, including the construction of a new supercomputer in Loughton. Nvidia will deploy 120,000 GPUs, including up to 60,000 Grace Blackwell Ultra chips—in partnership with the British company Nscale as part of Project Stargate. Google is contributing $6.8 billion to build a data center in Waltham Cross and expand DeepMind research. Other companies are joining as well. CoreWeave announced a $3.4 billion investment in data centers, while Salesforce, Scale AI, BlackRock, Oracle, and AWS confirmed additional investments ranging from hundreds of millions to several billion dollars. UK Positions Itself as a Global Innovation Hub British Prime Minister Keir Starmer said the deal could impact millions of lives across the Atlantic. He stressed that the UK aims to position itself as an investment hub with lighter regulations than the European Union. Nvidia spokesman David Hogan noted the significance of the agreement, saying it would…
Share
BitcoinEthereumNews2025/09/18 02:22
Ondo Finance launches USDY yieldcoin on Stellar network

Ondo Finance launches USDY yieldcoin on Stellar network

The post Ondo Finance launches USDY yieldcoin on Stellar network appeared on BitcoinEthereumNews.com. Key Takeaways Ondo Finance has launched its USDY yieldcoin on the Stellar blockchain network. USDY is Ondo’s flagship yieldcoin focused on real-world asset expansion. Ondo Finance launched its USDY yieldcoin on the Stellar blockchain network today. USDY is described as Ondo’s flagship yieldcoin and represents the company’s expansion of real-world assets onto the Stellar platform. The launch aims to provide yield access across global economies through Stellar’s international network infrastructure. The deployment connects traditional finance with blockchain-based solutions by bringing real-world asset exposure to Stellar’s ecosystem. Ondo Finance positions the move as part of efforts to broaden access to yield-generating opportunities worldwide. Source: https://cryptobriefing.com/ondo-finance-usdy-yieldcoin-stellar-launch/
Share
BitcoinEthereumNews2025/09/18 03:58