Chubb News

Chubb Forms 15-Year Distribution Agreement with Chile’s Largest Bank

Chubb Ltd. is boosting its presence and digital capabilities in Latin America by way of a 15-year distribution agreement with Banco de Chile, the largest bank based in Chile. “This partnership will meaningfully increase Chubb’s already significant presence in Chile …

Singapore’s Grab Makes Foray into Insurance with Chubb as Provider: Opinion

After sending rival Uber Technologies Inc. packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab Pte. has set itself a stiffer target. It wants to be a regional super-app. Think of it as a digital conglomerate that …

Chubb Names Browne Deputy Regional President, APAC, Division President, SE Asia

Chubb announced the appointment of Glen Browne as deputy regional president for Asia Pacific and division president, Southeast Asia. In his new role, Browne is responsible for the general management and business results in the six countries of Indonesia, Malaysia, …

Chubb Partners with Conservation Group on Flood Protection in Miami

Chubb announced that it is partnering with The Nature Conservancy, the world’s largest conservation organization, to work together in Miami to reduce the risk from storm impacts and rising sea levels on the vulnerable coastline. The collaboration, funded by a …

S&P Says Insurers and Reinsurers Can Absorb Losses from California Wildfires

S&P Global Ratings expects both the primary insurers and reinsurers to be able to absorb losses from the California wildfires, limiting them to an earnings event. However, the mounting bills from more frequents large wildfires in the state against a …

Insurers’ Firefighting Teams Move to Limit Damage from California Wildfires

California’s raging wildfires are so bad that American International Group Inc. and Chubb Ltd. are deploying teams of specialists and former firefighters to spray retardants on homes. The season may soon rank among the industry’s most costly. The latest blazes …

Chubb Bermuda Names Gonsalves Division President, Succeeding Clabby

Chubb has appointed Judy Gonsalves vice president of Chubb Group and division president of Bermuda. In this capacity, she has executive operating responsibility for the Bermuda-based commercial property and casualty (P/C) insurance business that writes high-limit excess liability, property, directors …

Chubb Appoints Konz as EVP, Reinsurance Officer, Overseas General Insurance

Chubb has named Jeremiah Konz as executive vice president, reinsurance officer for Chubb Overseas General Insurance, the company’s international general insurance business in over 50 countries and territories. Konz is currently senior vice president, Ceded Reinsurance for Chubb’s North American …

Chubb Appoints Barziza to Lead North American Property Claims

Chubb has appointed Tim Barziza as head of its North American Property Claims. In this role, Barziza will be responsible for leading the technical and administrative operations of the Property Claim Service, including the recovery and the special investigations units …

Chubb Names Berry as Head of Surety Europe; Griffith as Head of Surety UK, Ireland

Chubb reports that Mike Berry, who has been head of Surety for the UK and Ireland, will serve as head of Surety for Europe. Jamal Griffith is replacing Berry as head of Surety for UK and Ireland. Berry will be …