CB · News · 20261001N
Balance Sheet and Liquidity
Chubb Ltd · 2026-10-01 · Importance 10 · Surprise 6 · Contradicted
AM Best affirmed Chubb Perú S.A. Compañía de Seguros y Reaseguros’ Financial Strength Rating at A (Excellent) and Long-Term Issuer Credit Rating at “a+” (Excellent) on October 1, 2026. The ratings carry a stable outlook and reflect Chubb Perú’s strongest balance sheet, adequate operating performance, and appropriate enterprise risk management. Chubb Perú is adjusting its product offerings profitably with support from parent company Chubb Limited.
Key facts
- The FDIC successfully secured coverage from Chubb Ltd. for losses incurred from a $150 million loan tied to a fraudulent scheme. source
- Ramaco Resources Inc. won a US$30 million jury verdict against Chubb subsidiaries in an insurance lawsuit related to a 2018 silo failure. source
- A US District Court ruled that insurers including Chubb Ltd. are responsible for covering SVB's losses up to their policy limits. source
- AM Best affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) for Chubb Perú S.A. Compañía de Seguros y Reaseguros, with a stable outlook, and noted support from its parent company, Chubb Limited. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | committed | — | The FDIC successfully secured coverage from Chubb Ltd. for losses incurred from a $150 million loan tied to a fraudulent scheme. |
| liability | negative | contingent | — | Ramaco Resources Inc. won a US$30 million jury verdict against Chubb subsidiaries in an insurance lawsuit related to a 2018 silo failure. |
| liability | negative | contingent | — | A US District Court ruled that insurers including Chubb Ltd. are responsible for covering SVB's losses up to their policy limits. |