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Wildfire Losses Drop Chubb Q1 Net Income 38%, While Tariffs Create ‘Confusion’
Apr 23 2025 // First quarter 2025 net income at Chubb fell nearly 38% to about $1.3 billion as losses from the California wildfires overcame underlying results. Chief Executive Officer Evan G. Greenberg in a statement said the insurer...
Chubb Combines Lower Middle Market and Digital Small Business Units
Mar 12 2025 // Global insurer Chubb announced the creation of a new division within its North America Middle Market organization, combining its Lower Middle Market and Digital Small Business divisions into a single unit. The new unit...
Chubb to Buy Liberty Mutual Thailand, Vietnam Insurance Assets
Mar 3 2025 // Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.’s businesses in Thailand and Vietnam in a deal that would help it boost its presence in Southeast Asia. Chubb plans to buy LMG Insurance Public Co. in Thailand...
People Moves: Faynberg to Head Chubb’s Healthy Paws; D’Onofrio Promoted to Global CUO of Ryan Specialty Underwriting Managers
Feb 28 2025 // Westchester, Chubb’s excess and surplus lines company, said Alex Faynberg was appointed to executive vice president and head of pet insurer Health Paws, effective March 3. Alex Faynberg In his new role, Faynberg will...
Chubb Posts Record P/C Underwriting Income for Q4 and 2024
Feb 24 2025 // Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024. Fourth-quarter net income was down 22% to about $2.6 billion compared to the same period a year ago,...
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