Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Chubb Faces Asbestos Exposure Complaints in Texas
Mar 12 2003 // The Dow Jones Newswire reported that several complaints have been filed in Texas district courts against Chubb Corp. that allege Chubb Indemnity and unaffiliated insurers conspired to conceal risks associated with asbestos...
ACE USA Names New Regional Executive Management Structure
Feb 20 2003 // ACE USA has announced a new organizational structure in which nine newly-named regional executives will oversee ACE’s regional operations. As the senior executive in each geographic region, and working closely with...
Chubb Merges Argentine Units
Dec 31 2002 // Chubb Corp. has merged its Argentine subsidiaries, Chubb Argentina de Seguros and Chubb de Fianzas y Garantias, in an effort to improve their solvency and to give the new operation greater flexibility in the management of...
Chubb Group Unveils New Policy for Independent Directors
Dec 19 2002 // A new insurance policy from the Chubb Group of Insurance Companies can help independent directors protect their personal assets when they are sued by shareholders and others. The personal policy provides coverage to...
8 is Enough – Programs That Caught Our Eye
Dec 16 2002 // For this end-of-the year edition of Insurance Journal, we looked at some unique or interesting programs and found eight that grabbed our attention. Obviously they do not represent a comprehensive list, which is admittedly...
8 is Enough – Programs That Caught Our Eye
Dec 16 2002 // For this end-of-the year edition of Insurance Journal, we looked at some unique or interesting programs and found eight that grabbed our attention. Obviously they do not represent a comprehensive list, which is admittedly...
Chubb Announces the Exercise in Full of Over-Allotment Options by Underwriters of Equity Unit Offering
Nov 29 2002 // The Chubb Corporation announced that the underwriters for the company’s recent offering of common stock purchase warrants and debt securities sold in the form of equity units have exercised in full their...
A.M. Best Lowers Debt Ratings of Chubb
Nov 28 2002 // A.M. Best Co. has lowered the senior debt ratings of The Chubb Corporation, Chubb Capital Corporation and Chubb Executive Risk Inc. to “aa-” from “aa”. The debt issued by Chubb Capital and Chubb...
Brother, Could You Spare Some Coverage’ Some Nonprofits Face Shrinking D&O, EPL Capacity
Nov 25 2002 // Since the book-cooking scandals that undid Enron, Worldcom and other concerns surfaced in recent months, insurers have ratcheted up their already growing scrutiny of corporate clients, resulting in higher premiums and...
Chubb P/C Ratings Affirmed
Nov 11 2002 // The Chubb Corporation’s property/casualty subsidiaries’ financial strength ratings of “A++” have been affirmed by A.M. Best Co. Additionally, A.M. Best affirmed the “aa” senior debt...
Chubb P/C Ratings Affirmed
Nov 11 2002 // The Chubb Corporation’s property/casualty subsidiaries’ financial strength ratings of “A++” have been affirmed by A.M. Best Co. The outlook for the ratings is stable. Chubb’s superior...
S&P’s Lowers Chubb Corp. Ratings, Off Watch; Outlook Negative
Nov 7 2002 // Standard & Poor’s has lowered its counterparty credit and senior debt ratings on Chubb Corp. to single-‘A’-plus from double-‘A’-minus. In addition, the financial strength ratings on...
Finnegan Named New Chubb CEO
Nov 4 2002 // John Finnegan, executive vice president of General Motors Corporation and chairman and president of General Motors Acceptance Corporation, has been elected president, CEO and a director of The Chubb Corporation, effective...
A.M. Best Says Chubb Ratings Unaffected by Pretax Charge to Increase Revenues for 3rdQ Asbestos Liabilities
Oct 31 2002 // A.M. Best Co. stated the financial strength rating of A++ (Superior) of the Chubb Group of Insurance Companies, (NYSE: CB) (Warren, NJ), the “aa” senior debt ratings of The Chubb Corporation, Chubb Capital...
Chubb Notes Written Premiums Grow By 33 Percent
Oct 30 2002 // The Chubb Corporation reported that net written premiums grew 33 percent as insurance rates continued to rise in all three strategic business units and as the company continued to attract new customers. Chubb had an...
Fitch Places Chubb Corp. on Rating Watch Negative
Oct 29 2002 // Fitch Ratings has placed all ratings of The Chubb Corporation (Chubb) on Rating Watch-Negative. The ratings include the ‘AA+’ insurer financial strength (IFS) rating of Chubb’s property/casualty insurance...
Trenwick in Deal with Chubb Re, Begins Audit Study of Reserves
Oct 28 2002 // Bermuda-based Trenwick Group announced that its subsidiary, Trenwick America Reinsurance Corp., has entered into an underwriting facility with Chubb Re, Inc., a subsidiary of The Chubb Corporation. Trenwick also said that...
Chubb and Subs Outlook Neg.
Oct 28 2002 // Standard & Poor’s Ratings Services revised its long-term ratings outlook on Warren, N.J.-based Chubb Corp. and on Chubb’s operating insurance companies (financial strength “AA+”) to negative...
IBANY to Honor Chubb & Son, Serio
Oct 22 2002 // The Insurance Brokers’ Association of the State of New York (IBANY) announced it would present its inaugural Insurer of the Year award to Chubb & Son Thursday, Oct. 24 at The Down Town Association, New York,...
A.M. Best Affirms Chubb’s Financial Strength and Debt Ratings
Oct 16 2002 // A.M. Best Co. has affirmed the financial strength ratings of A++ (Superior) of The Chubb Corporation’s property/casualty subsidiaries. Additionally, A.M. Best has affirmed the “aa” senior debt ratings of...
