SINGAPORE, Nov 18 (Reuters) - Chubb Insurance Malaysia

Bhd has filed for an initial public offering on Bursa Malaysia

to sell 300 million existing shares, or 30% of its issued

capital, via an offer for sale by its sole shareholder, Chubb

INA International Holdings, according to a draft prospectus

filed on Monday.

The IPO comprises 249.55 million shares for institutional

investors and 50.45 million shares for retail, according to the

draft prospectus.

Proceeds from the sale will go entirely to Chubb INA, the

prospectus added, without providing any details on the valuation

or timing of the IPO.

Maybank Investment Bank is the principal adviser, sole

bookrunner and underwriter. Chubb Malaysia, part of U.S.-based

Chubb Ltd, offers general insurance products including motor,

property and personal accident coverage.