Ratings by Legal Entity Financial Strength and Credit Ratings

Ratings by Legal Entity

Moody's S&P

Fitch AM Best

OVERALL OUTLOOK (except where indicated) Positive Stable Stable Stable

Outlook Outlook Outlook Outlook

( except wher e i ndi cated) ( except w her e i ndi cat ed) ( except w her e i ndi cat ed) ( except w her e i ndi cat ed)

FINANCIAL STRENGTH RATINGS

Europe

Chubb Insurance (Switzerland) Limited

(1)

Chubb Reinsurance (Swi tzerl and) Li mited AA AA

Chubb European Group SE AA A

Syndicate 2488 - Lloyd's Overall Market Rating

(2)

AA- AA- A

USA

Chubb Custom Insurance Company A a3 AA AA A++

Chubb Indemni ty Insurance Company A a3 AA AA A++

Chubb Insurance Company of New Jersey A a3 AA AA A++

Chubb Lloyds Insurance Company of Texas A a3 AA AA A++

Chubb Nati onal Insurance Company A a3 AA AA A++

Executive Risk Indemnity, Inc. A a3 AA AA A++

Executive Risk Specialty Insurance Company A a3 AA AA A++

Federal Insurance Company A a3 AA AA A++

Great Northern Insurance Company A a3 AA AA A++

Pacific Indemnity Company A a3 AA AA A++

Vigilant Insurance Company A a3 AA AA A++

ACE Ameri can Insurance Co. A a3 AA AA A++

ACE Fire Underwriters Insurance Co. A a3 AA AA A++

ACE Insurance Co. of the Midwest A a3 AA AA A++

ACE Property & Casualty Insurance Co. A a3 AA AA A++

Agri General Insurance Company AA A++

Atlanti c Employers Insurance Co. A a3 AA AA A++

Bankers Standard Insurance Co. A a3 AA AA A++

Illinois Union Insurance Co. A a3 AA AA A++

Indemnity Insurance Co. of North America A a3 AA AA A++

Insurance Co. of North Ameri ca A a3 AA AA A++

Pacific Employers Insurance Co. A a3 AA AA A++

Penn Mi llers Insurance Co. A++

Westchest er Fi r e I nsurance Co. A a3 AA AA A++

Westchester Surplus Lines Insurance Co. A a3 AA AA A++

Combined Insurance Co. of America A+

Combined Life Insurance Co. of New York A+

Canada

Chubb Insurance Company of Canada AA A++

Financial Strength and Credit Ratings

Financial strength and credit ratings listed below are as of March 11

2024. For current ratings, ratings qualifiers, and ratings definitions, please contact the

relevant rating agency or Chubb at InvestorRelati[email protected]

Ratings by Legal Entity

Financial Strength and Credit Ratings

Financial strength and credit ratings listed below are as of March 11

2024. For current ratings, ratings qualifiers, and ratings definitions, please contact the

relevant rating agency or Chubb at InvestorRelati[email protected]

Moody's S&P

Fitch AM Best

OVERALL OUTLOOK (except where indicated) Positive Stable Stable S

table

Outlook Outlook Outlook Outlook

( except w her e i ndi cat ed) ( ex cept w her e i ndi cat ed) ( except w her e i ndi cat ed) ( except w her e i ndi cat ed)

Bermuda

Chubb Bermuda Insurance Ltd. A a3 AA AA A++

Corporate Officers and Directors Assurance Ltd. AA A++

Chubb Tempest Life Reinsurance Ltd. AA A++

Chubb Tempest Reinsurance Ltd. A a3 AA AA A++

ACE INA Overseas Insurance Company Ltd. AA- AA

Chubb INA Overseas Insurance Company Ltd.

AA-

(3)

Asia Pac

Chubb Insurance Austral ia Ltd. AA-

Chubb Insurance Company Limited (China) AA-

hubb Insurance Hong Kong Limited AA-

Chubb Insurance Japan AA-

Chubb Insurance New Zeal and Limited AA-

Chubb Insurance Singapore Limited AA-

Latin America

Chubb Seguros Argentina S.A.

AA+.ar

(7)

Chubb Seguros Chile S.A.

(4)

Chubb Seguros Colombia S.A.

(5)

Chubb Seguros Ecuador S.A.

(6)

AAA (ecu)

Chubb Seguros México S.A.

mxAAA

(8)

Chubb Fianzas Monterrey, Aseguradora de Caución, S.A. (Mexico)

(9)

AAA.mx

(10)

Chubb Seguros Panama S.A. A++

Chubb Perú S.A. Compañia de Seguros y Reaseguros

(11)

(12)

A A

Chubb Insurance Company of Puerto Rico A++

Other

Chubb Insurance Pakistan Li mi ted

(13)

Chubb Insurance South Africa Li mi ted

(14)

ACE Capital Ti tle Reinsurance Co. A a3

Chubb Arabia Cooperative Insurance Company

(15)

Life Insurance

ACE Life Insurance Company

A-

Chubb Seguros de Vida Chile S.A.

(16)

Chubb Life Insurance Hong Kong Ltd. A+

Chubb Life Insurance Taiwan Company AA-(twn)

(17)

Chubb Life Insurance New Zealand Limited A

Ratings by Legal Entity

Financial Strength and Credit Ratings

Financial strength and credit ratings listed below are as of March 11

2024. For current ratings, ratings qualifiers, and ratings definitions, please contact the

relevant rating agency or Chubb at InvestorRelati[email protected]

Moody's S&P

Fitch AM Best

OVERALL OUTLOOK (except where indicated) Positive Stable Stable S

table

Outlook Outlook Outlook Outlook

( except w her e i ndi cat ed) ( ex cept w her e i ndi cat ed) ( except w her e i ndi cat ed) ( except w her e i ndi cat ed)

CREDIT RATINGS

Chubb INA Holdings Inc.

$700 mil 3.35% senior unsecured notes due 5/15/24 A3 A A a+

(all guaranteed by Chubb Limited)

€700 mil 0.3% senior unsecured notes due 12/15/24 A3 A A a+

$800 mil 3.15% senior unsecured notes due 3/15/25 A3 A A a+

$1.5 bil 3.35% senior unsecured notes due 5/03/26 A3 A A a+

€575 mil 0.875% senior unsecured notes due 6/15/27 A3 A A a+

€900 mil 1.55% senior unsecured notes due 3/15/28 A3 A A a+

$100 mil 8.875% debentures due 8/15/29 A3 A A a+

€700 mil 0.875% senior unsecured notes due 12/15/29 A3 A A a+

$1.0 bil 1.375% senior unsecured notes due 9/15/30 A3 A A a+

€575 mil 1.4% senior unsecured notes due 6/15/31 A3 A A a+

$200 mil 6.8% debentures due 11/15/31 A3 A A a+

$1.0 bil 5.0% senior unsecured notes due 3/15/34 A3 A A a+

$300 mil 6.7% senior unsecured notes due 5/15/36 A3 A A a+

$800 mil 6% senior unsecured notes due 5/11/37 A3 A A a+

€900 mill 2.5% senior unsecured notes due 3/15/38 A3 A A a+

$600 mil 6.5% senior unsecured notes due 5/15/38 A3 A A a+

$475 mil 4.15% senior unsecured notes due 3/13/43 A3 A A a+

$1.5 bil 4.35% senior unsecured notes due 11/03/45 A3 A A a+

$600 mil 2.85% senior unsecured notes due 12/15/51 A3 A A a+

$1.0 bil 3.05% senior unsecured notes due 12/15/61 A3 A A a+

$300 mil 9.7% capital securities due 4/01/30 Baa1 BBB+ BBB+ a-

(1)

Reflects an unconditional guarantee by Chubb European Group SE of all of the Company's (re)insurance policy obligations

(2)

Rati ngs as assigned to Lloyd's Overall Market and not to individual syndicates

(3)

Reflects an unconditional guarantee by ACE INA Overseas Insurance Company Ltd.

(4)

Rated 'AA' and 'AA+' by Humphreys (positive outlook) and Feller, respectively, Chilean ratings agencies

(5)

Rated 'AAA' by V alue & Risk Rating, a Colombian rating agency

(6)

Rated locally by Bank Watch Ratings, a Ecuadorian rating agency associated wi th Fitch

(7)

Rated locally by Moody's Argentina with a stable outlook

(8)

Rated 'BBB+' under S& P global scale ratings

(9)

Rated 'Baa1' under Moody’ s global scal e IFS rating

(10)

Rated locally by Moody's Mexico wi th a stable outl ook

(11)

Rated 'A' by Pacific Credit Rating (PCR), a Peruvian rati ng agency

(12)

Rated locally by Moody's Peru with a stable outl ook

(13)

Rated 'AA+' by VIS Credit Rating Company Limited

(14)

Rated 'AA+' with a stable outlook by Global Credit Rati ngs, a South African ratings agency

(15)

Chubb Arabia is 30% owned by Chubb; stable outl ook

(16)

Rated 'AA+' and 'AA+' by Humphreys and Feller, respectively, Chilean ratings agencies

(17)

Reflects Tai wan National Insurer Financial Strength Rating