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Life Insurance Capital Adequacy Test - Public Disclosures

Chubb Life Insurance Company of Canada reported Total and Core Ratios as of March 31, 2019 of 127% and 96% respectively which are in excess of the Company’s Capital Management targets and in excess of OSFI’s supervisory target levels of 100% and 70% respectively.  Chubb Life Insurance Company of Canada is part of the Chubb Group, the world’s largest publicly traded property and casualty insurer, based on market capitalization of US$61 billion. The Group’s core operating insurance companies are rated AA for financial strength by S&P and A++ by AM Best.