Mexico , Chile and Brazil
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AM Best revises Chubb Corporation's outlook

Bnamericas Published: Friday, March 21, 2014

Insurance ratings agency AM Best revised the outlook of the issuer credit ratings (ICR) of US insurer Chubb Corporation's property and casualty (P&C) subsidiaries.

AM Best also affirmed the financial strength rating of A++ (superior) and the ICRs of aa+ of the company's P&C subsidiaries, the ratings agency said in a release.

The rating affirmations reflect the Chubb Group's consistent outperformance of industry peers, with competitive advantages within its specialty and upscale personal insurance businesses.

A consistent generation of underwriting results has reinforced the group's balance sheet, despite challenging market conditions and catastrophe and other weather-related losses.

In Latin America, Chubb Corporation has operations in Brazil, Chile and Mexico.

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