Chubb’s ‘A++’ Affirmed

The ‘A++’ financial strength ratings of the property/casualty subsidiaries of The Chubb Corporation were affirmed by A.M. Best. The ratings apply to the 10 companies holding membership in the pool, which is led by Federal Insurance Co. and was recently expanded to include the former Executive Risk Group. As a result of their memberships in the pool, three members of the former Executive Risk Group were upgraded from ‘A’ to ‘A+++.’ Also affected are four international affiliates, considered by Best as core subsidiaries of Chubb.