Chubb Ltd false 0000896159 0000896159 2019-12-03 2019-12-03

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

Current Report

Pursuant To Section 13 or 15 (d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 3, 2019

 

Chubb Limited

(Exact name of registrant as specified in its charter)

Switzerland

 

1-11778

 

98-0091805

(State or other jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

Baerengasse 32

CH-8001 Zurich, Switzerland

Telephone: +41 (0)43 456 76 00

(Address of principal executive offices)

Not applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which registered

Common Shares, par value CHF 24.15 per share

 

CB

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

 

 


Item 8.01. Other Events.

On December 3, 2019, Chubb INA Holdings Inc. agreed to sell in a public offering 700,000,000 of 0.300% Senior Notes due 2024 and 700,000,000 of 0.875% Senior Notes due 2029. The notes will be fully and unconditionally guaranteed by Chubb Limited.

Attached as Exhibits 1.1 and 1.2 are copies of the underwriting agreement and terms agreement relating to such public offering. Attached as Exhibits 4.1, 4.2 and 4.3 are the form of officer’s certificate establishing the notes and the forms of the notes. Attached as Exhibits 5.1 and 5.2 are certain opinions related to the notes.

Item 9.01. Financial Statements and Exhibits.

(d)   Exhibits.

EXHIBIT INDEX

Number

   

Description

 

Method of Filing

             
 

1.1  

   

Underwriting Agreement, dated as of December 3, 2019, between Chubb INA Holdings Inc., Chubb Limited and the underwriters named in the related terms agreement

 

Filed herewith

             
 

1.2  

   

Terms Agreement, dated as December 3, 2019 among Chubb INA Holdings Inc., Chubb Limited, Merrill Lynch International, Barclays Bank PLC, Deutsche Bank AG, London Branch, Wells Fargo Securities International Limited, ANZ Securities, Inc., BNY Mellon Capital Markets, LLC, Citigroup Global Markets Limited, HSBC Bank plc, ING Financial Markets LLC, J.P. Morgan Securities plc, MUFG Securities EMEA plc, RBC Europe Limited and Standard Chartered Bank

 

Filed herewith

             
 

4.1  

   

Form of Officer’s Certificate related to the 0.300% Senior Notes due 2024 and 0.875% Senior Notes due 2029

 

Filed herewith

             
 

4.2  

   

Form of Global Note for the 0.300% Senior Notes due 2024

 

Filed herewith

             
 

4.3  

   

Form of Global Note for the 0.875% Senior Notes due 2029

 

Filed herewith

             
 

5.1  

   

Opinion of Bär & Karrer AG

 

Filed herewith

             
 

5.2  

   

Opinion of Mayer Brown LLP

 

Filed herewith

             
 

23.1  

   

Consent of Bär & Karrer AG

 

Included in Exhibit 5.1

             
 

23.2  

   

Consent of Mayer Brown LLP

 

Included in Exhibit 5.2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Chubb Limited

     

By:  

 

/s/ Joseph F. Wayland

 

Joseph F. Wayland

 

Executive Vice President,

General Counsel & Secretary

DATE: December 5, 2019