OREANDA-NEWS. Fitch Ratings has withdrawn the 'A+' long-term Issuer Default Rating (IDR) and 'F1' short-term ratings for The Chubb Corporation as the rated entity and commercial paper program no longer exist following its merger with and into ACE INA Holdings Inc. (ACE INA) effective Jan. 15, 2016. ACE INA survived as a wholly owned subsidiary of Chubb Limited (formerly known as ACE Limited). Accordingly, Fitch will no longer provide ratings or analytical coverage for The Chubb Corporation.

The Chubb Corporation's debt has been migrated to ACE INA. All of the combined debt is unconditionally and irrevocably guaranteed by Chubb Limited.

Fitch's current long-term IDR for ACE INA is 'A+'.

RATING SENSITIVITIES

Rating Sensitivities are not applicable as the ratings have been withdrawn.

Fitch has withdrawn the following ratings as the entity and commercial paper program no longer exist:

The Chubb Corporation
--Long-term IDR 'A+';
--Short-term IDR 'F1';
--Commercial paper 'F1'.