Latest Chubb Headlines

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

Chubb Q2 Saw Net Income Dip, Premium Growth

Jul 25 2019 // Global insurer Chubb’s saw its net income dip slightly and its P/C combined ratio nudge higher during the 2019 second quarter, but price increases led to solid premium gains.“This quarter was about growth and...

Florida Gets Ready for Peak Hurricane Season After 3 Years of Major Storms

Jul 17 2019 // Floridians are on alert as the state heads into peak hurricane season after three straight years of being impacted by major storms.Meanwhile, the Florida Panhandle continues its recovery from Hurricane Michael that...

Chubb Adds Small Business Coverage for Food Service Industry to Digital Platform

Jul 16 2019 // Chubb has added small business insurance to cover risks faced by the food service industry to its digital platform – the Chubb Marketplace, which features a suite of products for businesses with up to $30 million in...

Petri Honored with ICT’s Raymond Mauk Leadership Award

Jul 15 2019 // The Insurance Council of Texas has presented the Raymond Mauk Leadership Award to Verle Petri, a long time insurance executive and expert on Texas insurance regulation and policy.ICT honored Petri with the award during the...

Ryan Specialty Group Adds Blackshear as Global Chief Compliance Officer

Jul 10 2019 // Michael Blackshear has joined Ryan Specialty Group (RSG) as a senior vice president and global chief compliance officer. He is based in the company’s Chicago headquarters.Blackshear joins RSG with over 27 years of...

Citing Climate Change, Chubb Will Limit Insuring, Investing in Coal Plants

Jul 1 2019 // Global insurer Chubb announced it will no longer underwrite the construction and operation of new coal-fired plants or new risks for companies that generate more than 30% of their revenues from coal mining or energy...

Beazley Snares Cyber Underwriters from Chubb, Gallagher for U.S. Regions

Jun 26 2019 // Specialty insurer Beazley has hired two cyber and technology underwriters in the U.S. to meet growing demand from middle market businesses for insurance cover for cyber, data security and privacy exposures. Jennifer...

Chubb, Hiscox, Tokio, Other Lloyd’s Underwriters Form Innovation Facility to Insure Emerging Risks

Jun 26 2019 // A group of Lloyd’s underwriters has launched a new facility with £53 million ($67.5 million) of capacity that is designed to speed up re/insurance product development for new and emerging risks.The Product...

Chubb to Partner with National Association of Women Business Owners

Jun 18 2019 // The National Association of Women Business Owners (NAWBO) has partnered with Chubb to provide NAWBO members with small business insurance resources, including education, insurance products and services generally reserved...

BHSI Opens Office in S. Australia, Taps Holland from Chubb as Underwriting Manager

Jun 12 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its presence in Australia to South Australia, opening an office in Adelaide and naming Monica Holland as underwriting manager.Holland will work...

CorRisk Solutions Hires Belvedere to Professional Liability Team in New York

May 15 2019 // CorRisk Solutions has hired Donna A. Belvedere to lead its professional liability team.In this role, Belvedere will be based at CorRisk Solutions’ headquarters in Melville, N.Y. She joins CorRisk with more than three...

U.S. P/C Commercial Lines Market ‘Best in Years,’ Says Chubb CEO Greenberg

May 6 2019 // Chubb Chairman and CEO Evan Greenberg referred to his company as being in the midst of a “rational market” and appeared pleased with its direction and tone so far in 2019.“In the first quarter, in total,...

Chubb’s Q1 Net Income Dips Slightly but Commercial Insurance Produces Gains

May 2 2019 // Chubb saw its net income dip slightly in the 2019 first quarter, though commercial and other insurance premiums rose at a healthy clip. The insurance giant’s property/casualty combined ratio also improved, and...

Chubb Expands Insurance Coverage in Canada for Private Equity Firms

Apr 10 2019 // Chubb is providing expanded insurance coverage, called “Private Equity+”, to address “the unique risks of Canadian private equity firms.”These extended offerings help transfer and mitigate many of...

Chubb Names Kennett as Head of Financial Institutions for UK, Ireland and Global Mkts.

Apr 9 2019 // 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...

Chubb Adds Policy Translation, Other Enhancements to Worldview Platform

Apr 2 2019 // Chubb has added new features and improved functionality on its proprietary digital Worldview platform for multinational clients and brokers, including adding a policy translation option.According to Matthew Merna, division...

Chubb Bermuda Names Porter Head of Financial Lines

Mar 29 2019 // Chubb Bermuda has named Richard Porter as senior vice president, head of Financial Lines. In this role, Porter is responsible for leading Chubb Bermuda’s Financial Lines division, which includes directors and...

Chubb Increases Stake in China’s Huatai Insurance Group to 26.2%

Mar 5 2019 // 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...

Financial, Reputational Costs of Cyber Attacks Can Ruin Small, Medium Firms: Chubb

Feb 22 2019 // 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...

Affluent Market Rivals Not Making Much of a Dent in Chubb’s Business

Feb 18 2019 // 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...