Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Chubb Writing More Personal E&S but CEO Greenberg Doesn’t Like the Trend
Feb 1 2024 // Chubb is writing more North American personal excess and surplus lines business, but the insurer’s chief executive is not exactly celebrating. While he reminded analysts during a fourth-quarter earnings conference...
Record Q4 at Chubb Ends Historic, ‘Blowout Year’
Jan 31 2024 // Record fourth quarter 2023 net income of $3.3 billion, a huge increase over net income of about $1.3 billion during the same period a year ago, ended what Chubb CEO Evan G. Greenberg called a “blowout...
People Moves: Aventum Promotes Eldridge to MD; Aon Names Dando as EMEA Head of Strategy, Technology Group; Chubb Taps WTW’s Källs as Country Mgr, Sweden/Finland
Jan 25 2024 // This edition of International People Moves details appointments at the re/insurance group Aventum, the broker Aon, and insurer Chubb. A summary of these new hires follows here. Aventum Promotes Eldridge to MD Aventum, the...
Climate Change, Nuclear Verdicts Worry Wealthy North Americans: Chubb Survey
Jan 9 2024 // A new Chubb report has found that 76% of wealthy Americans and Canadians believe exposure to extreme weather due to climate change is among the biggest threats to their homes. Sixty-three percent of respondents to the...
Judge Blocks Chubb Exit From New York Diocese’s Thousands of Child Sex Abuse Suits
Dec 19 2023 // A New York judge has ruled that the “plain language” of Chubb Insurance policies dictates that the insurer must cover the Archdiocese of New York parishes and schools as they contend with thousands of sex abuse...
Tech Update: Chubb and NetSPI Launch Cyber Protection Partnership
Dec 13 2023 // Chubb announced a collaboration with NetSPI, a global provider proactive security. The pairing is designed to strengthen clients’ cyber-risk profiles with enhanced attack surface management and penetration testing...
People Moves: DUAL Europe Taps Hiscox’s Hervé to Launch and Lead French Unit; Chubb’s Overseas General Insurance Names Spagnoli as Head of Consumer Lines
Dec 12 2023 // This edition of International People Moves details appointments at DUAL France and Chubb’s Overseas General Insurance unit. A summary of these new hires follows here. DUAL Europe Taps Hiscox’s Hervé to Launch...
Chubb Survey of Middle-Market Brokers Finds Lack of Awareness of Flood Risk
Nov 29 2023 // Though the risk of flooding is undeniable, a survey by Chubb of brokers with middle-market commercial clients revealed just 16% of them say more than half their clients buy flood insurance. Furthermore, 65% of the more...
Chubb Launches Client Methane Resource Center
Nov 28 2023 // Chubb Limited recently announced the launch of the Chubb Methane Resource Hub, a digital resource offering clients information and insights for measuring and mitigating methane emissions. The initiative draws on technical...
Markets/Coverages: Chubb Launches New Media Insurance Product for UK
Nov 15 2023 // Chubb announced the launch of a new media insurance product for clients in the United Kingdom. Alongside the launch, Chubb has also rebranded its existing UK Technology Industry Practice as the Technology and Media...
Chubb Q3 Net Income Increases 158% to $2 Billion
Oct 25 2023 // Third quarter net income at Chubb Ltd. shot up to $2.04 billion, an increase of nearly 158% over last year’s $792 million during the same quarter. Chubb’s P/C underwriting income was up about 84% to $1.3...
People Moves: Sompo Int’l Taps Chubb’s Gossé for Cyber Ins., Continental Europe; Allianz Commercial Names Vogler Chief Regions & Mkts Officer, Succeeding Haagen
Sep 27 2023 // This edition of International People Moves details appointments at Sompo International and Allianz Commercial. A summary of these new hires follows here. Sompo Int’l Taps Chubb’s Gossé for Cyber Insurance,...
Chubb Loses Bid to Enforce D&O Coverage Exclusions in Opioid-Related Case
Aug 30 2023 // A federal judge in North Carolina has ruled against a Chubb subsidiary in an attempt to rid itself of defense-cost obligations in opioid-related litigation by enforcing two policy exclusions. According to court documents...
People Moves: Allianz Commercial Promotes Warren-Upham to Lead London Mkt Distribution; Chubb Appoints Kopp to Lead Far East Region, Mo for Korea
Aug 21 2023 // This edition of International People Moves details appointments at Allianz Commercial and Chubb. A summary of the new hires follows here. Allianz Commercial Promotes Warren-Upham to Lead London Mkt Distribution Alastair...
Markets/Coverages: Chubb Launches Vehicle Tracking System in UK to Stymie Car Theft
Aug 15 2023 // Chubb has launched a vehicle tracking system in the UK to help protect the insurer’s customers from car theft. With criminals now often targeting high-value vehicles – particularly “keyless” models –...
People Moves: Xceedance Names Tiwari President, EMEA/APAC; Chubb Climate+ Appoints Prunier for Int’l Operations; Howden Taps Aon’s Green for Property
Aug 9 2023 // This edition of International People Moves details appointments at Xceedance, Chubb, and Howden. A summary of these new hires follows here. Xceedance Names Tiwari President, EMEA & APAC Xceedance, the Boston-based...
People Moves: Everest Insurance Int’l Taps Brionne and Benson From Chubb, Promotes Mah; SiriusPoint Hires TMK’s Kattan as Global Head of Ceded Reinsurance
Jul 28 2023 // This edition of International People Moves details appointments at Everest Insurance International and SiriusPoint. A summary of these new hires follows here. Everest Insurance Int’l Taps Chubb’s Brionne,...
Chubb ‘Record’ Q2 Sees Net Income Up 50.7%
Jul 26 2023 // Chubb second-quarter net income went up 50.7% to nearly $1.8 billion and its property/casualty combined ratio came in at 85.4. “We had another simply outstanding quarter – in fact, a record, which contributed to a...
Chubb Seeks 49% of India’s Kotak General Insurance, Has Edge Over Zurich: Sources
Jul 25 2023 // U.S. insurer Chubb is in talks to acquire a 49% stake in India’s Kotak General Insurance and has become a more favored suitor than Zurich Insurance Group, two people with direct knowledge of the discussions...
People Moves: Canopius Taps Former AXA XL Exec Cooper as Head of Reinsurance & Bermuda CEO; AXIS Re International Appoints Chubb’s Kent as President
Jul 13 2023 // This edition of International People Moves details appointments at Canopius and AXIS Capital Holdings. A summary of these new hires follows here. Canopius Taps Former AXA XL Exec Cooper as Head of Reinsurance & Bermuda...
