Trade Credit Insurance
Surety

Chubb Signs Agreement with Atradius to Handle Policy Renewal Rights for

Trade Credit Insurance Business

Chubb’s Surety division and Atradius Trade Credit Insurance, Inc. have signed an Account Solicitation Rights Agreement regarding policy renewal rights for Chubb’s trade credit insurance business. The agreement follows our announcement on October 31, 2005 that we would exit this line of business, and provides an appropriate transition for Chubb’s trade credit producers and policyholders. Atradius is majority owned by Swiss Re and Deutsche Bank.

Chubb’s Peter L. Aitken will join Atradius effective December 15, 2005.

Notice to Producers