NEW YORK (S&P Global Ratings) May 7, 2025--S&P Global Ratings Services said today it has assigned its 'A-1' short-term rating to Chubb INA Holdings LLC's $2 billion commercial paper program. Chubb INA Holdings LLC, an intermediate holding company of the Chubb Group (AA/Stable/--), will use the proceeds from the commercial paper for general purposes. The short-term rating reflects Chubb's exceptional liquidity, and we don't expect liquidity constraints to keep it from meeting its obligations in the next two years, given the group's substantial liquid assets. In addition, Chubb's credit facilities provide up to $4.1 billion of letters of credit capacity, $3.0 billion of which can be used for revolving credit as of March 31, 2025. Chubb INA Holdings is a
