Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb
Mar 19 2021 // While Chubb’s $23.2 billion opening bid for The Hartford appears to be mostly a commercial lines play to many observers, one experienced industry observer has a different take on it. Chubb CEO Evan Greenberg would...
Chubb’s Offer to Acquire Rival Hartford: $23.2 Billion
Mar 19 2021 // Chubb Ltd., the global insurer led by Evan Greenberg, proposed an acquisition of Hartford Financial Services Group Inc. for about $23.2 billion in cash and stock in what could be one of the industry’s biggest deals...
Chubb Explores Acquisition of $22 Billion Rival Hartford: Bloomberg
Mar 18 2021 // Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in what could be one of the industry’s biggest deals in years, people familiar with the...
Chubb Names Kelaher as Country President for Australia and New Zealand
Mar 9 2021 // Chubb announced it has appointed Peter Kelaher as country president for Australia and New Zealand. In his new role, Kelaher, who is currently senior vice president and head of Property and Casualty (P/C) for Australia and...
Chubb’s Digital Blink Targets Consumer Sales via Partner, Affinity Companies
Feb 25 2021 // Chubb has launched a digital platform for selling selected insurance coverages to “digitally savvy” consumers, primarily through affinity, company and digital broker partners of Chubb to their members,...
The Liberty Company in California Adds Chubb’s Darling
Feb 22 2021 // The Liberty Company Insurance Brokers has named Jim Darling an executive board member. Darling has 40 years of property/casualty experience. Among his senior executive roles during his career, he served as a regional...
New Chubb Crime Coverage Protects Firms from Employee Theft, Outside Criminals
Feb 12 2021 // Chubb has introduced a new crime insurance policy – The Chubb Primary Commercial Crime Insurance, designed to help companies of all sizes and industries protect themselves from criminal activity both inside and outside...
Chubb Global Markets Creates New Energy Underwriting Team
Feb 10 2021 // Chubb announced the creation of a new energy team in Chubb Global Markets (CGM) that will underwrite and serve as a center of excellence for all large corporate energy customers in EMEA, Asia Pacific and Latin America. CGM...
Federal Judge Sides with Chubb in Denial of Target’s Data Breach Bank Claims
Feb 10 2021 // Target Corp. has been denied its $138 million insurance claim against ACE (now Chubb) Insurance companies stemming from a 2013 data breach. A federal judge in Minnesota ruled the retailer had failed to prove that its...
Chubb System Tracks Absence Management, Benefits for Employers
Feb 5 2021 // A new offering from Chubb’s Workplace Benefits division looks to integrate and streamline absence management and workplace benefits for mid-size to large employers. The Chubb WorkInsight product enables employers to...
Chubb’s Q4 ‘Excellent’ Results Boosted by Commercial Lines Price Hikes
Feb 3 2021 // Global insurer Chubb reported fourth quarter results for 2020 significantly better than the same period in 2019. For the 2020 fourth quarter, Chubb’s net income grew significantly higher, as did its net premiums...
Banker Enns to Succeed Retiring Chubb CFO Bancroft
Jan 21 2021 // Chubb announced that Philip Bancroft, executive vice president of Chubb Group and chief financial officer, plans to retire from the company on July 1 after 19 years of service. Peter Enns, an investment banker who was most...
USI Insurance Services Acquires CB Insurance in Colorado
Jan 19 2021 // USI Insurance Services has acquired Colorado Springs, Colo.-based CB Insurance LLC. Terms of the deal were not disclosed. CB Insurance and its predecessors have served the needs of the Colorado community for more 100...
Hamilton’s Lloyd’s Operations Hires Ormes from Chubb, Mognetti from Acappella
Jan 12 2021 // Hamilton Insurance Group Ltd. announced two senior appointments in its Lloyd’s operations, Hamilton Managing Agency Ltd. – Trevor Ormes as deputy active underwriter of Syndicate 4000 and head of Professional Lines,...
Chubb Global Markets Promotes Driscoll, Rowley in Professional Indemnity Teams
Dec 23 2020 // Chubb announced leadership promotions to its professional indemnity teams for Chubb Global Markets (CGM). Under the changes, Steve Driscoll is appointed head of Professional Indemnity for CGM and also for the United...
Chubb Launches Digital Team for Continental Europe and UK & Ireland
Dec 11 2020 // Chubb has announced the creation of a new digital team for Continental Europe (CE) and the United Kingdom & Ireland (UK&I). The team has been formed to develop and execute the insurer’s plans to broaden its...
Chubb Launches Enhanced MasterPackage Solution for Life Science Companies in UK
Dec 9 2020 // Chubb announced the launch of its enhanced MasterPackage for Life Science Companies product in the UK. This is a comprehensive first and third-party policy designed for companies which develop or provide life science...
Chubb’s Keogh Adds Title of President to Chief Operating Officer
Dec 3 2020 // Global insurer Chubb announced that John Keogh, executive vice chairman of Chubb Group and chief operating officer, has been appointed president and chief operating officer, effective immediately. Keogh will continue to...
Mississippi Casino Sues Insurer Westchester for Not Paying COVID-19 Loss
Nov 23 2020 // A Mississippi Gulf Coast casino has become one of many businesses nationwide to sue its insurer for refusing to cover business losses because of the coronavirus pandemic. Island View Casino Resort in Gulfport contends in...
What Congress Should Do, or Not Do, to Rescue Businesses in Future Pandemics
Nov 20 2020 // Congress is weighing whether insurers and government can together “bend pandemic risk curves” for future events or simply replace some of the economic losses of businesses, putting them “into induced...
