Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Insurers Had Crews Working in Heart of California Wildfires to Prevent Loss
Nov 15 2017 // “It was all hands on deck.” That apt description of the reaction to the deadly outbreak of wildfires that ravaged California in October was from Stephen Poux, global head of risk management and loss prevention...
Everest Taps Former Chubb Exec Collura to Lead New Private Company/Non-Profit Business
Nov 14 2017 // Everest Re Group, Ltd. has formed the Private Company/Not-for-Profit business segment (Private/NFP) within the Everest Specialty Underwriters unit of Everest Insurance. The new business segment will fit within all areas of...
Chubb Launches Commercial Division for SMEs in Asia Pacific
Nov 14 2017 // Chubb announced it has formed a division in Asia Pacific dedicated to the risk management needs of small- and medium-sized enterprises (SMEs). This new business division, which is named the Small Commercial Division,...
Cyber Service: How the Market Is Dishing Out Innovation
Nov 6 2017 // No one knows what the future of cyber risk holds. But more market choices and value-added services are now part of this fast-growing market. “We don’t know,” said Blake Wiedman, partner at Nashville-based...
Siddiqui Named Sr. VP, General Counsel at Combined Insurance
Nov 3 2017 // Combined Insurance in Chicago has named Sadaf Siddiqui senior vice president and general counsel. In her new role, Siddiqui will provide regulatory and legal counsel to the company. Siddiqui comes to Combined from Chubb...
XL Catlin Names Chubb’s Konczal Assistant Vice President in California
Nov 2 2017 // XL Catlin’s Global Excess Casualty has named Joel J. Konczal as assistant vice president and underwriting manager for Northwest excess casualty. He will be based in San Francisco, Calif. and report to Matthew...
Chubb Reports Q3 Loss Due to Catastrophes; CEO Greenberg Sees Prices Firming
Oct 27 2017 // Chubb, like other property/casualty insurers and reinsurers, faced significant catastrophe losses from hurricanes and earthquakes that struck in August and September. The insurer reported a net loss of $70 million for the...
Chubb Taps Hiscox’s Hosking, Promotes Bear to UK Middle Market Broker Roles
Oct 3 2017 // Chubb has announced the appointment of two new positions within its Middle Market Independent Broker segment. Hannah Hosking has been appointed as Head of Distribution – Independent Brokers UK&I, while Steve Bear has...
Chubb, Homeowners Settle High-Dollar Suit over Ohio Mansion Fire
Oct 2 2017 // A dispute over a multi-million-dollar insurance claim for a suburban Cincinnati mansion that burned down in 2014 has settled weeks before a trial was scheduled to start. A federal court filing says attorneys for Jeffrey...
Chubb Enters Bancassurance Distribution Agreement with Singapore’s DBS Bank
Sep 29 2017 // Chubb Ltd. announced it has entered into a 15-year distribution agreement with DBS Bank, the largest banking group in Southeast Asia. Under the terms of the agreement, Chubb will distribute general insurance products on an...
Chubb: Hurricanes Harvey, Irma Losses to Top $1 Billion
Sep 28 2017 // Chubb Ltd. has estimated it will see more than $1 billion in third-quarter losses stemming from hurricanes Harvey and Irma, a substantial hit for the insurer and reinsurer. The loss estimate is preliminary. Further details...
Chubb’s Launches Business Pack Insurance for Australian SMEs
Sep 25 2017 // Chubb has launched a package insurance solution called Chubb Business Pack Insurance for small and medium enterprises in Australia. This solution aims to provide broad coverage for property and liability exposures to help...
Chubb, Homeowners Settle High-Dollar Suit over Ohio Mansion Fire
Sep 24 2017 // A dispute over a multi-million-dollar insurance claim for a suburban Cincinnati mansion that burned down in 2014 has been settled weeks before a scheduled trial. A federal court filing says attorneys for Jeffrey and Maria...
Chubb Appoints Parchment to Head European Personal Risk Services
Sep 14 2017 // Chubb announced that Tara Parchment, vice president, Personal Risk Services, UK & Ireland, has been appointed as head of its European Personal Risk Services division. In this role, Parchment will have responsibility...
Chubb Names Capparelli as North America Global Casualty Executive VP
Sep 13 2017 // Chubb has appointed Lou Capparelli as executive vice president of its Global Casualty business unit, which provides a full range of domestic and foreign casualty insurance coverage offerings to large national and...
Chubb Picks France for Post-Brexit European Headquarters If UK Exits EU
Sep 11 2017 // Chubb Limited intends to relocate its European Union headquarters to France if the United Kingdom leaves the EU as expected in March 2019. The insurer said the decision to choose France as Chubb’s preferred...
Former Chubb Executive Spiro Named CEO for The Hilb Group
Sep 7 2017 // Richard G. Spiro, a former senior executive of The Chubb Corp., has been named chief executive officer of The Hilb Group (THG), a property/casualty and employee benefits agency based in Richmond, Va. Spiro brings 30 years...
Chubb Broadens Cyber Enterprise Risk Management Products
Sep 1 2017 // Chubb has broadened its enterprise risk management options for Chubb commercial cyber policyholders in the United States and Canada. Two new policy forms, Cyber Enterprise Risk Management (Cyber ERM) and DigiTech...
Chubb Taps Allianz’ Gschossmann as Head of Financial Lines
Aug 23 2017 // Chubb announced that Johannes Gschossmann has been appointed as head of Financial Lines in Singapore. He joined the company on July 12 and reports to Liam Burrell, division head of Property & Casualty...
Homeowners Often Overlook Mitigating Water Leak Risks: Chubb
Aug 22 2017 // The majority of homeowners do not view internal water leak damage as the most concerning home threat, despite the fact that water leaks are a more frequent risk than fire and theft, a new Chubb survey revealed. “The...
