Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Chubb Closes Out 2019 with Strongest Growth in Years
Feb 6 2020 // Chubb has plenty to celebrate about its 2019 fourth quarter. The global insurer enjoyed a large jump in net income due mostly to rate hikes and property/casualty underwriting gains. Chubb’s catastrophe losses also...
Chubb Launches Non Damage Terrorism Product for Businesses
Feb 4 2020 // Chubb has launched an insurance coverage aimed at bridging gaps in traditional terrorism business interruption policies. Chubb’s Non Damage Terrorism Solutions is a single policy offering non damage business...
Collapsed Cave Not a Covered ‘Building’ Under Policy, Appeals Court Says
Jan 31 2020 // Interstate Underground Warehouse & Storage operates more than 3 million square feet of storage space inside a cave that was once a limestone mine just outside of Kansas City, Mo. The company’s website touts the...
Chubb Names Côté as Head of Major Accts, Europe; Brionne as France Country President
Jan 16 2020 // Chubb announced a series of changes to its European leadership team: a new head of Major Accounts for Europe; a new country president for France and a new director of Accident & Health Continental Europe. Nadia Côté...
Why It’s Not So Easy Getting Insurers to Defend in Sexual Harassment Cases
Jan 13 2020 // While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get their insurers to...
Insurance Journal’s Top 10 Cyber Risk Stories of 2019
Jan 7 2020 // Cyber risks were cited as the top concern among businesses of all sizes in 2019, according to a Travelers report released in October. Of the 1,200 business leaders who participated in an insurer-sponsored survey, 55% said...
It’s Not Easy Getting Insurers to Defend in Sexual Harassment Cases
Dec 24 2019 // While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most policyholders should prepare for an epic legal battle just to get their insurers to...
Chubb Launches Financial Institution Fidelity Bond for Asset Managers
Dec 19 2019 // Chubb has introduced a new fidelity insurance product, the Financial Institution Bond for Asset Managers, to address risks faced by today’s asset managers. The financial fidelity bond provides modernized coverage for...
Chubb Becomes First P/C Insurer to Invest in African Trade Insurance Agency
Dec 10 2019 // Global insurer Chubb has made a $10 million equity investment the African Trade Insurance Agency (ATI), becoming the first global property/casualty insurance company to become a shareholder in the African multilateral...
Chubb Names North America Commercial Lines Leadership: Rockwell, Williamson, Wells
Dec 9 2019 // Global insurer Chubb announced leadership appointments for North America Commercial Insurance, the company’s $5.8 billion retail commercial property/casualty insurance division that serves middle market and small...
Chubb Makes Joyce Head of Industry Practices, Other Appointments for UK, Ireland
Dec 4 2019 // Chubb today announced the appointment of Louise Joyce as head of Industry Practices for the United Kingdom and Ireland. In this role, Joyce will have overall responsibility for the performance of Chubb’s Industry...
Chubb to Buy Additional Stake in China’s Huatai Insurance for $1.53B
Nov 25 2019 // Insurer Chubb Ltd said on Monday it will buy up to an additional 22.4% stake in Chinese insurer Huatai Insurance Group Co Ltd for 10.8 billion yuan ($1.53 billion), as it looks to bank on a rapidly growing sector in the...
Chubb Appoints Keen as Division President, Chubb Global Markets
Nov 14 2019 // Chubb announced the appointment of Jason Keen as division president, Chubb Global Markets. In this role, Keen will have responsibility for the leadership, strategy and performance of Chubb Global Markets, which comprises...
Are Employees Pushing Insurers to Shun Coal in Climate Change Movement?
Nov 7 2019 // Seventeen insurers have restricted insurance services to coal projects in the past two years. A dozen insurers have adopted policies to stop all direct insurance coverage to new coal projects – among them are Allianz,...
CEO Greenberg Says Chubb Has Been Able to ‘Reshape Portfolio’ in Wildfire Zones
Nov 1 2019 // Some insurers may be facing sizable risks stemming from the latest round of California wildfires now raging, but Chubb Chairman and CEO Evan Greenberg insists his company isn’t one of them. “We do have a quota...
Chubb Continued Performing at ‘High Level’ in Q3
Oct 30 2019 // Global insurer Chubb reported a banner 2019 third quarter, even though the company’s net income took a hit largely from losses relating to an accounting adjustment. Net income for the insurer reached $1 billion...
Chubb Taps Poole from Tokio Marine as Head of Middle Market, UK & Ireland
Oct 29 2019 // Chubb announced the appointment of Jonathan Poole as head of Middle Market for the UK and Ireland. In this role Poole will have overall responsibility for Chubb’s Middle Market strategy for the UK and Ireland which...
Chubb Upgrades Cyber Index, Adds International Data
Oct 22 2019 // Chubb has enhanced its proprietary Chubb Cyber Index with upgraded features designed to help identify a range of global cyber threats based on an organization’s industry and size. The new tool also offers cost...
BHSI Names 3 Product Line Leaders in Spain, Hired from RSA, Chubb and Allianz
Oct 17 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has filled three key leadership positions in Madrid, naming Diego Espinosa as head of Property, Juan Madrid as head of Casualty, and Tomás Blas as head of...
AIG Taps Eccles from Argo, Langdon from Chubb for Senior Global Specialty Roles
Sep 26 2019 // American International Group, Inc. announced the appointment of two senior leaders in its global specialty business. Steve Eccles will join AIG as global head of Aerospace, General Insurance. James Langdon will join AIG as...
