Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
After Tax Cuts, Insurers Shy Away from Muni-Bonds
May 18 2018 // Some of the biggest U.S. insurers reduced their holdings of state and local government bonds after the corporate tax cut took effect this year, marking a retreat by a key buyer in the $3.9 trillion municipal-securities...
Chubb’s Kelder Named Divisional VP of Great American Insurance Group
May 14 2018 // Great American Insurance Group, based in Cincinnati, Ohio, has hired Greg A. Kelder as divisional vice president of its Environmental Division. Kelder will manage the Division’s claims department and serve as a...
Chubb Establishes 6 Teams to Work with Local Brokers in UK, Ireland
May 10 2018 // Chubb said it has completed the creation of six teams to focus on working with independent brokers across the UK and Ireland. The new Chubb teams are in London, Leeds, Manchester, Birmingham, Glasgow and Ireland. Each is...
U.S. Cyber Market Is $2 Billion, Growing Fast, Profitable: Fitch
May 10 2018 // Cyber insurance coverage continues to be one of the fastest growing segments and represents a significant growth opportunity for U.S. property/casualty insurers, according to Fitch Ratings in a new report. The market has...
Chubb Names Williams Executive VP, Manufacturing Industry Practice Leader
May 9 2018 // Mike Williams is returning to Chubb to serve as as executive vice president and Manufacturing Industry practice leader. In this role, Williams will lead strategic efforts around mid-market business and relationships with...
Weinstein Sues Chubb Seeking Legal Defense Coverage in 11 Sex Harassment Suits
May 8 2018 // Film producer Harvey Weinstein is fighting back against personal indemnity insurer Chubb Ltd., saying Chubb must pay for his legal defense against 11 lawsuits that accuse him of sexually harassing or assaulting women over...
Chubb Subsidiary Fined $1.3M for Underwriting NRA-Branded Insurance
May 7 2018 // The New York Department of Financial Services (DFS) has fined Chubb Ltd. and its subsidiary, Illinois Union Insurance Company, $1.3 million for underwriting the National Rifle Association (NRA)-branded Carry Guard...
Chubb Adds North Territory to Scotland Regional Manager Macfarlane’s Responsibilities
May 4 2018 // Chubb has promoted Andy Macfarlane to the newly-created position of regional manager, Scotland and the North. Macfarlane, who was previously regional manager, Scotland, now has an extended role which includes Chubb’s...
New York Fines Lockton Over NRA Insurance; Continues Probe of Other Players
May 3 2018 // Insurance broker Lockton will pay a $7 million fine for administering National Rifle Association (NRA) member insurance programs in New York that officials say violate several state laws. The settlement with Lockton is the...
Chubb CEO Greenberg Is Patient Over M&A But Not With London Market ‘Drunks’
Apr 27 2018 // Don’t expect Chubb to pursue an acquisition anytime soon. Chairman and CEO Evan Greenberg repeatedly downplayed the possibility of one in what he referred to as an “overpriced” market. “The prices...
‘Best Pricing in Quite Some Time’ Helped Chubb Weather Catastrophes for Solid Q1
Apr 25 2018 // Despite higher catastrophe losses, Chubb Limited reported a solid first quarter with net income of $1,082 million, about the same as the $1,093 million it achieved for the same quarter last year. Core operating income was...
Chubb Appoints Lee as Head of Bancassurance for Asia Pacific
Apr 16 2018 // Chubb announced the appointment of Jin Lee as the head of Bancassurance for Asia Pacific. In her new role, Lee’s primary responsibility will be to oversee the DBS Bank-Chubb partnership which spans across Singapore,...
Chubb Launches Online Cyber Risk Index
Apr 12 2018 // Chubb has put two decades worth of its own commercial cyber claims data into an online index that shows the cyber threats for organizations based on their size and industry. Access to the new proprietary online Chubb Cyber...
Maleno to Lead Chubb North America Field Operations; Merna to Lead Major Accounts
Apr 6 2018 // Chubb announced two executive appointments in its North America Insurance operations. Christopher A. Maleno has been named division president, Field Operations, and Matthew Merna has been named division president, Major...
Chubb $380M Q1 Cat Loss Estimate Includes California Wildfires, East Coast Storms
Apr 4 2018 // Chubb Limited released preliminary net loss estimates for the first quarter of 2018 attributable to natural catastrophes, including the California mudslides, of $380 million pre-tax, or $305 million after tax. Losses from...
Chubb’s Darling Honored for Industry Leadership, Cystic Fibrosis Work
Apr 2 2018 // Compassion and helping others were the key takeaways from a message that Jim Darling delivered to a group of several hundred insurance professionals gathered to honor him in Los Angeles, Calif., at a dinner ceremony in...
Chubb Invests in Startup Bunker to Develop Gig Worker Insurance
Mar 29 2018 // Bunker and Chubb are working together to develop new insurance products focused on freelance workers. Chubb has also become a minority investor in Bunker, committing at least $2 million to the startup digital broker and...
BHSI Opens Perth Office; Chubb’s Prindiville & Shepard Named P/C Underwriters
Mar 26 2018 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has opened an office in Perth, Western Australia, naming Anthony Prindiville to lead its casualty underwriting and Mark Shepard to lead property underwriting...
Chubb Launches Coverage for Small Life Sciences Businesses
Mar 22 2018 // Chubb has launched new insurance coverage addressing property and casualty exposures for small life sciences companies. According to Jim Williamson, division president, Small Commercial Insurance, Chubb North America,...
Chubb’s Darling Honored for Industry Leadership, Cystic Fibrosis Work
Mar 16 2018 // Compassion and helping others were the key takeaways from a message that Jim Darling delivered to a group of several hundred insurance professionals gathered to honor him in Los Angeles, Calif. on Thursday night. Darling,...
