Chubb has appointed Jonathan Kennett as head of Financial Institutions for the UK and Ireland and Chubb Global Markets (CGM), the insurer’s London market wholesale and specialty arm. In this role, Kennett will have responsibility for the leadership, strategy and …
Boeing Co.’s insurers face big claims from families of the victims of the Ethiopian Airlines crash, coming less than six months after the crash of the same type of Boeing aircraft in Indonesia, insurance and aviation sources said. An Ethiopian …
Britain’s Global Aerospace is the lead insurer for the world’s biggest plane maker Boeing Co, the insurer’s top boss said on Monday. “I can confirm that Global Aerospace leads Boeing, and also Lion Air,” Chief Executive Officer Nick Brown said …
Chubb Ltd. announced it has received Chinese regulatory approval to increase the company’s ownership in Huatai Insurance Group Co. Ltd. to 26.2 percent from 20 percent, effective Feb. 27, 2019. Financial terms of the deal were not released. Huatai Insurance …
The average price tag for a business to recover after a cyber attack is $400,000, which can be fatal for small-and-medium-sized enterprises (SMEs), according to a report published by Chubb. This hefty cost of repairing the business and its reputation …
Chubb announced the appointment of Kyle Bryant to the newly created position of head of Financial Lines for Continental Europe. In this role, Bryant will have responsibility for leading Chubb’s Financial Lines team in the region, overseeing strategic development, execution …
Chubb announced the appointment of Peter Graswinckel as segment leader for Major Accounts in Continental Europe. In this newly created role, Graswinckel will be responsible for delivering tailor-made solutions and services for clients and business partners in Continental Europe. He …
Chubb’s high-net-worth personal lines insurance business may have some new competition, but Chairman and CEO Evan Greenberg and a key executive say those rivals haven’t made much of a dent. “From my point of view we don’t see a change …
In 2018 fourth quarter, global insurer Chubb saw a surge in catastrophe losses, along with growth in premium revenue, better global property/casualty pricing and record net investment income. The insurer booked $355 million in net income compared to more than …
Chubb announced the launch of a Media Industry Practice for the UK and Ireland. This latest addition to Chubb’s existing suite of industry practices is aimed at middle market and multinational businesses, bringing together Chubb’s specialist capabilities in underwriting, claims …
