Fitch Ratings said Friday that it has affirmed all ratings for The Chubb Corp. (CB: Quote), including the 'AA-' Issuer Default Rating and 'A+' senior debt rating.
Fitch has also affirmed the 'AA' Insurer Financial Strength ratings of Chubb's property/casualty insurance subsidiaries, which are led by Federal Insurance Co.
The Rating Outlook is Stable.
Fitch said the ratings continue to reflect Chubb's market position as a leading property/casualty insurer, history of favorable underwriting performance, strong capital position at both the insurance subsidiary and parent holding company levels, and conservative investment portfolio.
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by RTT Staff Writer
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