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 …
Chubb has a very good second quarter in both underwriting and investments, reporting net income of $1,294 million compared with $1,305 million for the same quarter last year. P/C net premiums written increased 5.6 percent to $7.5 billion and global …
Chubb Ltd., the insurer led by Chief Executive Officer Evan Greenberg, promoted Michael Kessler to chief reinsurance officer as William O’Farrell departs for other opportunities. Kessler will oversee the design and purchase of the reinsurance programs and report to Chief …
The new Chubb reported its first quarter results since the Ace Ltd. deal to acquire Chubb closed in January and, according to the man who spearheaded the giant merger, the combined firm is “off to a good start” with “strong …
Chubb Ltd. announced it has entered into a long-term preferred provider distribution agreement with Suning, one of the largest and most recognized retail brands in China. Under the terms of the agreement, Chubb and Suning will partner to develop and …
Evan Greenberg, the chief executive officer of insurer Chubb Ltd., said companies may find it difficult to obtain financing after central banks have propped up economic growth for years, likening their stimuli to a drug. “We may be at the …
Chubb Chairman and CEO Evan Greenberg believes opportunity and incentives will encourage most executives to stay with the insurer in the wake of its recently completed mega-merger. “I don’t kid myself. We’re not going to keep everybody,” Greenberg said during …
Evan Greenberg, the chief executive officer of Chubb Ltd., said Brazilians can blame their country’s leaders, and not just a commodities slump, for the nation’s woes. “The economic environment, the political environment, is very tough,” Greenberg said Wednesday in a …
ACE Ltd. announced that John Keogh, vice chairman and chief operating officer, has been appointed executive vice chairman of the company. Keogh will continue to serve as chief operating officer with responsibility for all property & casualty insurance operations of …
American International Group Inc. plans to sit out the unprecedented wave of insurance industry deal-making and instead focus on integrating businesses in Japan. The timetable for merging AIU with Fuji Fire & Marine has been pushed back to 2016 or …
