Fitch Ratings announced that it has affirmed all of it ratings for The Chubb Corporation, including the ‘AA-‘ Issuer Default Rating (IDR) and ‘A+’ senior debt rating. Fitch also affirmed the ‘AA’ insurer financial strength (IFS) ratings of Chubb’s property/casualty insurance subsidiaries, which are led by Federal Insurance Company. The outlook on all of the ratings is stable. “The ratings continue to reflect Chubb’s market position as a leading property/casualty insurer in its commercial and personal lines business segments, history of favorable underwriting performance, strong capital position at both the insurance subsidiary and parent holding company levels, and conservative investment portfolio,” said Fitch. For a complete listing of all of the ratings, as well as the full report go to: www.fitchratings.com.
Topics Chubb
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake 
NAIC Says Data Taken in Hack Has Been Published Online 
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
