Chubb News

Goulding Tapped as President of Combined Insurance in Chicago

Chicago-based Combined Insurance, a Chubb company, recently named Kevin Goulding as its new president. Prior to joining Combined, Goulding served as regional president for Chubb Life, Asia Pacific. Before joining Chubb, Goulding served in various leadership roles with AIG, including …

Chubb Enhances Work Injury Compensation Product in Singapore

Chubb announced it has enhanced to its Chubb Work Guard product, which is work injury compensation cover for Singapore businesses. The enhanced wording will apply to all risks bound from Jan. 1, 2018, unless separately agreed. At the core of …

Top Insurance Journal Midwest Stories of 2017

A bad broker, classic cars that got destroyed in a fire and insurer rating downgrades were among the most widely read news stories in Insurance Journal’s Midwest region in 2017. Broker Gone Bad One story that generated much interest among …

Chubb Restructures Real Estate and Hospitality Practice

Chubb has restructured and made several appointments in its its Real Estate and Hospitality practice. As part of this new structure, the following appointments are effective immediately: Seth Gillston, Chubb’s existing Mergers and Acquisitions and Private Equity practice leader, has …

How Bitcoin Is Fueling Ransomware Insurance Claims

Hey, want those photos and files back? It may cost more than it used to. Thank bitcoin. Chubb Ltd., best known for catering to wealthy families and corporations, is among at least three insurers facing a jump in costs tied …

Chubb Appoints Church as Head of International Property

Chubb announced the appointment of Brian Church as executive vice president and head of International Property for Chubb’s Overseas General business, effective Jan. 1, 2018. In this role, Church will have responsibility for all of Chubb’s retail commercial property insurance …

Chubb Names French & Hill to Asia-Pacific Leadership Positions

Chubb announced two leadership appointments in the company’s Asia Pacific business. John French, currently country president for Australia and New Zealand, has been appointed to the position of senior vice president, head of Broker Distribution for Asia Pacific. At the …

Former Chubb Chairman, CEO O’Hare Passes Away at 75

Chubb Limited announced today the passing of Dean R. O’Hare, former chairman and chief executive officer of The Chubb Corp. who served the company for almost 40 years before retiring in 2002. He was 75. O’Hare joined The Chubb Corp. …

Europe’s Re/Insurers Cut Coal Investments by $20B; U.S. Firms Fail to Act: Report

Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S. insurers has taken “meaningful action,” campaign group Unfriend Coal said on Wednesday. Government representatives and officials at this week’s U.N. …

Hedge Funds Invest in Reinsurance Stocks on Expected Rate Hikes in 2018

Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North America, filings showed on Wednesday. Hurricanes in the United States and the Caribbean in August and September are expected to …