Mexico, July 06, 2015 -- Moody's de Mexico affirmed today the Baa1 global local currency Insurance Financial Strength (IFS) rating and the Aa1.mx national scale rating of Chubb de Mexico, Compañía de Seguros, S.A. de C.V. (Chubb de Mexico) Following the announcement on July 1 that ACE Limited (NYSE: ACE) will acquire all of the outstanding shares of The Chubb Corporation (NYSE: CB, "Chubb") for approximately $28.3 billion. In addition, the rating agency affirmed Chubb de Mexico, Compañía Afianzadora, S.A. de C.V. (Chubb Fianzas) IFS rating also at Baa1 and Aa1.mx on the Mexican national scale. The outlook for both companies remains stable.
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