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Chubb files mixed shelf

Chubb Ltd. has filed an automatic shelf registration statement related to the sale of certain securities from time to time.

The filing covers Chubb common shares, warrants to purchase Chubb common shares, Chubb INA Holdings Inc. debt securities, ACE Capital Trust III preferred securities, ACE Capital Trust IV preferred securities, guarantee of Chubb INA debt securities by Chubb, guarantee of ACE Capital Trust III preferred securities by Chubb and guarantee of ACE Capital Trust IV preferred securities by Chubb.

Chubb and Chubb INA intend to use the net proceeds from the sale of the offered securities for general corporate purposes, which may include repayment of debts, expansion of net underwriting capacity and acquisitions. Each Chubb trust will invest all proceeds received from the sale of its preferred securities and common securities in a particular series of subordinated debt securities of Chubb INA. Chubb INA will use these funds for general corporate purposes, which may include repayment of debts, expansion of net underwriting capacity and acquisitions.