Latest Chubb Headlines

All the headlines from our Chubb Topic Page, ordered by recency.

People Moves: Markel Taps AEGIS London’s Pressman as Senior U/W, Marine Cargo; GC&C Names Chubb’s Selff as Head of Underwriting Asia

Nov 22 2024 // This edition of International People Moves details appointments at Markel and Generali Global Corporate & Commercial.A summary of these new hires follows. Markel Taps AEGIS London’s Pressman as Senior...

Chubb Continues ‘Record’ Year With 13.8% Jump in Q3 Net Income

Nov 18 2024 // Chubb recorded an 11.7% increase in P/C underwriting income with a combined ratio of 87.7 as part of third quarter net income of about $2.2 billion, up 13.8%.CEO Evan G. Greenberg said the Whitehouse Station, New...

People Moves: Marsh Promotes Lang, Aronson, Rouse in Placement Strategy; Chubb Expands Merna’s Role to Include Multinational Clients

Nov 1 2024 // Marsh Makes Global Senior Leadership AppointmentsMarsh, a business of Marsh McLennan, named Christopher Lang as digital leader, Marsh Specialty and Global Placement. In this newly created role, Lang leads Marsh’s...

Markets/Coverages: Howden Launches Cyber Solution With Chubb, LSM and Mosaic

Oct 31 2024 // Howden, the London-based insurance intermediary group, announced the launch of Howden Safe+, a cyber insurance solution aimed at clients with revenues between $250 million and $2 billion.Safe+ simplifies the procurement...

Chubb Continues ‘Record’ Year With 13.8% Jump in Q3 Net Income

Oct 29 2024 // Chubb recorded an 11.7% increase in P/C underwriting income with a combined ratio of 87.7 as part of third quarter net income of about $2.2 billion, up 13.8%CEO Evan G. Greenberg said the Whitehouse Station, New...

People Moves: Price Forbes Bermuda Promotes Kelley to CEO; WTW Gets Saudi Arabian License, Names Chubb’s Bahafi as Head of Insurance Broking

Oct 28 2024 // This edition of Interational People Moves details appointments at the brokers Price Forbes and WTW.A summary of these new hires follows here. Price Forbes Bermuda Promotes Kelley to CEOPrice Forbes Bermuda announced the...

People Moves: H.W. Kaufman Names Kaufman, Kaufman Davis Co-Presidents; Desett Joins HUB as N.A. Commercial Lines Pres.; Benson Is Chubb Multinational Ins. Lead

Oct 25 2024 // H.W. Kaufman Group Names Kaufman and Kaufman Davis to Newly Established Co-President RoleH.W. Kaufman Group, headquartered in Farmington Hills, Michigan, named Danny Kaufman and Jodie Kaufman Davis as co-presidents. The...

People Moves: AXIS Names Chubb’s Mitchell as Head of Global Markets, Succeeding Gregory; Marsh McLennan Names De Bremme as CEO of Belgium & Luxembourg

Sep 17 2024 // This edition of International People Moves details appointments at AXIS Capital Holdings and Marsh McLennan.A summary of these new hires follows here. AXIS Names Chubb’s Mitchell as Head of Global Markets, Succeeding...

People Moves: Chubb Appoints Ohsiek, Hagan and Le to Key Finance Posts

Aug 14 2024 // Chubb Appoints Ohsiek Chief Accounting Officer, Hagan CFO of Operations and Le as Chief AuditorChubb made three executive appointments effective Sept. 4. Chubb appointed George Ohsiek as vice president and chief accounting...

Chubb Q2 Net Income Up 24% to $2.2B

Jul 24 2024 // Chubb said second quarter net income was up more than 24% to about $2.2 billion despite higher catastrophe losses than a year ago.Catastrophe losses for the second quarter were $580 million, pretax, compared to $400...

Chubb Continues Promotion Spree in North American Operations

Jul 10 2024 // Chubb today announced an additional handful of promotions within its North America insurance operations, with Ana Robic and Ben Rockwell getting appointed senior vice president of Chubb Group.Robic is division president,...

Chubb Shakes Up North American Insurance Leadership

Jul 9 2024 // Chubb today said it has made several executive leadership changes in its North American general insurance business, with John Lupica becoming executive chairman.Lupica was vice chairman of Chubb Group and president of...

Businesses Do Not Have Proper Coverage for Rising Liability Losses, Says Chubb

Jun 20 2024 // An annual report from Chubb has revealed a couple of troubling trends for many businesses—the frequency and severity of large losses are up and companies are underestimating the amount of liability coverage they...

People Moves: Chubb Promotes Kirk as Division President of Chubb Global Markets; Everest Re Promotes Doshi to Head of North America Treaty Casualty

Jun 6 2024 // This edition of International People Moves details appointments at Chubb and Everest Re.A summary of these new hires follows here. Chubb Promotes Kirk as Division President of Chubb Global MarketsChubb announced that David...

Social Inflation Fix: Insurers Can’t Be Out Front, Chubb’s Greenberg Says

Jun 6 2024 // Although insurers can help to stop the growth of social inflation, they can’t lead the effort, an industry executive said during an insurance conference this week.Evan Greenberg, chair and chief executive officer of...

Buffett’s Berkshire Reveals $6.7 Billion Stake in Insurer Chubb

May 16 2024 // Warren Buffett’s Berkshire Hathaway Inc. unveiled a $6.7 billion stake in insurer Chubb Ltd., ending months of suspense over its mystery position in a financial firm, previously kept concealed in regulatory...

Insurer Chubb Readies $350M Payout Tied to Baltimore Bridge Collapse

May 2 2024 // Chubb, which had insured Baltimore’s Francis Scott Key Bridge, is getting ready to pay $350 million to the state of Maryland, in what could be the first major payout tied to the collapsing of the bridge in March.The...

Chubb CEO Greenberg: Some Financial Lines Underwriting Practices ‘Simply Dumb’

Apr 25 2024 // According to Chubb CEO Evan G. Greenberg, the insurance industry’s underwriting practices for a number of financial lines are “simply dumb.”In a call with analysts to discuss Chubb’s earnings for...

Chubb Wins Latest Battle With New York Diocese in Bid to Avoid Sex Abuse Claims

Apr 24 2024 // A New York state appeals court has reinstated Chubb insurance companies’ bid for judgments declaring that they are not obligated to cover thousands of sex abuse lawsuits brought against the Archdiocese of New York...

Chubb Records 13.3% Uptick in Q1 Net Income on Underwriting

Apr 23 2024 // Chubb started 2024 off with first quarter net income up 13.3%, compared to the same time a year ago, to about $2.1 billion.The first three months of 2024 followed a year Chubb CEO Evan G. Greenberg called the “best...