Michael O’Reilly, executive vice president and Chief Investment Officer of The Chubb Corp., was named to the position of Chief Financial Officer.
O’Reilly succeeds Weston Hicks, who resigned as Chubb CFO, effective Oct. 4, to accept a position as executive vice president of Alleghany Corporation. In his new position, Hicks will have overall supervision of Alleghany’s insurance holdings and investment portfolio.
“Chubb is a first-class company in all respects,” said Hicks, “and I have enjoyed working there. But I wanted to take advantage of this once-in-a-lifetime opportunity to move to a senior leadership position closely related to the world of investing, in which I have spent most of my career.”
O’Reilly joined Chubb’s financial department in 1969. In 1988, he became Chief Investment Officer and in 1997 a member of Chubb’s Policy Team.
Topics Chubb
Was this article valuable?
Here are more articles you may enjoy.
US P/C Insurers Post Best Q1 Underwriting Result In 17 Years 
Coverage Needed: Hundreds of Thousands in SE Now in Flood Zones With New Maps 
German Insurtech Wefox to Replace CEO After Board Rejects Mubadala Sales Plan 
Supreme Court Overturns Chevron Rule in Blow to Regulators 
