Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Chubb Continues Promotion Spree in North American Operations
Jul 10 2024 // Chubb today announced an additional handful of promotions within its North America insurance operations, with Ana Robic and Ben Rockwell getting appointed senior vice president of Chubb Group. Ana Robic Robic is division...
Chubb Shakes Up North American Insurance Leadership
Jul 9 2024 // Chubb today said it has made several executive leadership changes in its North American general insurance business, with John Lupica becoming executive chairman. John Lupica Lupica was vice chairman of Chubb Group and...
Businesses Do Not Have Proper Coverage for Rising Liability Losses, Says Chubb
Jun 20 2024 // An annual report from Chubb has revealed a couple of troubling trends for many businesses—the frequency and severity of large losses are up and companies are underestimating the amount of liability coverage they...
People Moves: Chubb Promotes Kirk as Division President of Chubb Global Markets; Everest Re Promotes Doshi to Head of North America Treaty Casualty
Jun 6 2024 // This edition of International People Moves details appointments at Chubb and Everest Re. A summary of these new hires follows here. Chubb Promotes Kirk as Division President of Chubb Global Markets Chubb announced that...
Social Inflation Fix: Insurers Can’t Be Out Front, Chubb’s Greenberg Says
Jun 6 2024 // Although insurers can help to stop the growth of social inflation, they can’t lead the effort, an industry executive said during an insurance conference this week. Evan Greenberg, chair and chief executive officer of...
Buffett’s Berkshire Reveals $6.7 Billion Stake in Insurer Chubb
May 16 2024 // Warren Buffett’s Berkshire Hathaway Inc. unveiled a $6.7 billion stake in insurer Chubb Ltd., ending months of suspense over its mystery position in a financial firm, previously kept concealed in regulatory...
Insurer Chubb Readies $350M Payout Tied to Baltimore Bridge Collapse
May 2 2024 // Chubb, which had insured Baltimore’s Francis Scott Key Bridge, is getting ready to pay $350 million to the state of Maryland, in what could be the first major payout tied to the collapsing of the bridge in March. The...
Chubb CEO Greenberg: Some Financial Lines Underwriting Practices ‘Simply Dumb’
Apr 25 2024 // According to Chubb CEO Evan G. Greenberg, the insurance industry’s underwriting practices for a number of financial lines are “simply dumb.” In a call with analysts to discuss Chubb’s earnings for...
Chubb Wins Latest Battle With New York Diocese in Bid to Avoid Sex Abuse Claims
Apr 24 2024 // A New York state appeals court has reinstated Chubb insurance companies’ bid for judgments declaring that they are not obligated to cover thousands of sex abuse lawsuits brought against the Archdiocese of New York...
Chubb Records 13.3% Uptick in Q1 Net Income on Underwriting
Apr 23 2024 // Chubb started 2024 off with first quarter net income up 13.3%, compared to the same time a year ago, to about $2.1 billion. The first three months of 2024 followed a year Chubb CEO Evan G. Greenberg called the “best...
Chubb to Acquire MGA Healthy Paws From Aon
Apr 23 2024 // Chubb said it is acquiring managing general agent Healthy Paws from Aon plc. Whitehouse Station, New Jersey-based Chubb has been the exclusive underwriter of Healthy Paws’ pet insurance program for Aon since 2013....
People Moves: Chubb Names Scheffler COO of Personal Risk Services; AXIS Appoints Morley Head of US E&O
Apr 19 2024 // Chubb said it has promoted Melissa Scheffler to chief operating officer of Personal Risk Services (PRS). Currently, Scheffler serves as regional executive officer for the Mid-Atlantic region. In a corresponding move, Bryce...
Middle-Market Companies Post Record Gains: Chubb
Apr 15 2024 // Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb. A record 77% of companies reported performance improvement in the last...
5th Circuit: Chubb Must Cover SXSW in Suit Over Cancelled 2020 Festival
Mar 26 2024 // The 5th Circuit Court of Appeals ruled last week that Chubb must cover restitution claims paid to ticket holders of the 2020 South by Southwest film festival cancelled due to COVID-19. A three-judge panel reversed a...
Chubb: Middle Market Companies Post Record Gains
Mar 26 2024 // Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb. A record 77% of companies reported performance improvement in the last...
Chubb Launches Global Transactional Risk Platform to Grow International Footprint
Mar 18 2024 // Chubb announced the launch of a global transactional risk platform to provide transactional risk liability insurance products across international markets. Chubb has appointed Josh Cowen as senior vice president,...
Chubb’s Greenberg Defends Issuing Appeal Bond to Trump: ‘We Don’t Take Sides’
Mar 13 2024 // Chubb CEO Evan Greenberg, recognizing the criticism swirling around his company’s involvement in recently providing Donald Trump with a $91.6 million appeal bond, penned a letter to explain. “When Chubb issues...
Trump Posts $91.6M Bond From Chubb Subsidiary in Carroll Case
Mar 8 2024 // Donald Trump secured a $91.6 million bond from insurer Chubb in order to allow the former president to appeal an $83.3 million verdict against him in the E. Jean Carroll defamation case. The surety bond contract with...
Chubb Writing More Personal E&S but CEO Greenberg Doesn’t Like the Trend
Feb 19 2024 // Chubb is writing more North American personal excess and surplus lines business, but the insurer’s chief executive is not exactly celebrating. While he reminded analysts during a fourth-quarter 2023 earnings...
People Moves: AXA XL Names Chia Cyber CUO, Americas; Chubb Appoints Gillston Head of North America Industry Practices; Sheckells to Lead Alera HR Team
Feb 1 2024 // AXA XL Names Chia Cyber as Chief Underwriting Officer in the Americas AXA XL named Michelle Chia as chief underwriting officer for cyber in the Americas. Based in New York, Chia assumes her new role on Feb. 12. Chia joins...
