Latest Chubb Headlines

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

‘Best Pricing in Quite Some Time’ Helped Chubb Weather Catastrophes for Solid Q1

Apr 25 2018 // Despite higher catastrophe losses, Chubb Limited reported a solid first quarter with net income of $1,082 million, about the same as the $1,093 million it achieved for the same quarter last year.Core operating income was...

Chubb Appoints Lee as Head of Bancassurance for Asia Pacific

Apr 16 2018 // Chubb announced the appointment of Jin Lee as the head of Bancassurance for Asia Pacific. In her new role, Lee’s primary responsibility will be to oversee the DBS Bank-Chubb partnership which spans across Singapore,...

Chubb Launches Online Cyber Risk Index

Apr 12 2018 // Chubb has put two decades worth of its own commercial cyber claims data into an online index that shows the cyber threats for organizations based on their size and industry.Access to the new proprietary online Chubb Cyber...

Maleno to Lead Chubb North America Field Operations; Merna to Lead Major Accounts

Apr 6 2018 // Chubb announced two executive appointments in its North America Insurance operations. Christopher A. Maleno has been named division president, Field Operations, and Matthew Merna has been named division president, Major...

Chubb $380M Q1 Cat Loss Estimate Includes California Wildfires, East Coast Storms

Apr 4 2018 // Chubb Limited released preliminary net loss estimates for the first quarter of 2018 attributable to natural catastrophes, including the California mudslides, of $380 million pre-tax, or $305 million after tax.Losses from...

Chubb’s Darling Honored for Industry Leadership, Cystic Fibrosis Work

Apr 2 2018 // Compassion and helping others were the key takeaways from a message that Jim Darling delivered to a group of several hundred insurance professionals gathered to honor him in Los Angeles, Calif., at a dinner ceremony in...

Chubb Invests in Startup Bunker to Develop Gig Worker Insurance

Mar 29 2018 // Bunker and Chubb are working together to develop new insurance products focused on freelance workers.Chubb has also become a minority investor in Bunker, committing at least $2 million to the startup digital broker and its...

BHSI Opens Perth Office; Chubb’s Prindiville & Shepard Named P/C Underwriters

Mar 26 2018 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has opened an office in Perth, Western Australia, naming Anthony Prindiville to lead its casualty underwriting and Mark Shepard to lead property underwriting...

Chubb Launches Coverage for Small Life Sciences Businesses

Mar 22 2018 // Chubb has launched new insurance coverage addressing property and casualty exposures for small life sciences companies.According to Jim Williamson, division president, Small Commercial Insurance, Chubb North America, small...

Chubb’s Darling Honored for Industry Leadership, Cystic Fibrosis Work

Mar 16 2018 // Compassion and helping others were the key takeaways from a message that Jim Darling delivered to a group of several hundred insurance professionals gathered to honor him in Los Angeles, Calif. on Thursday night.Darling,...

Chubb to Provide Drivers’ Products for SE Asian Transportation/Fintech Platform Grab

Mar 14 2018 // Grab, the Southeast Asia on-demand transportation and fintech platform, announced a partnership with Chubb to offer insurance solutions for Grab’s drivers.Using the Grab app, drivers will be able to select different...

Chubb Global Markets Appoints Hiscox’s Rowley as Senior Underwriter Financial Lines

Mar 5 2018 // Chubb announced the appointment of Benjamin Rowley as senior underwriter Financial Lines, Chubb Global Markets.Rowley is a medical malpractice specialist with a broad knowledge of errors and omissions and will be...

Chubb Tells Court Its Policies for Weinstein Do Not Cover Harassment Legal Defense

Mar 1 2018 // Insurer Chubb Ltd. is refusing to pay for Harvey Weinstein’s legal defense against 11 lawsuits that accuse the movie producer of sexually harassing or assaulting women over the past three decades, according to a...

Broker Lockton Joins Chubb, MetLife in Withdrawing from NRA Insurance Programs

Feb 27 2018 // Insurance broker Lockton is ending its participation in an insurance program for members of the National Rifle Association, joining MetLife, United Airlines and other companies that have been canceling their business...

Chubb Decided to Quit NRA Insurance Program 3 Months Ago

Feb 23 2018 // Giant insurer Chubb has joined a list of companies that are halting business deals with the National Rifle Association (NRA).However, the insurer confirmed to Insurance Journal that the decision was made several months...

Everest Specialty Expands Private Company Financial Lines Team

Feb 21 2018 // Everest Insurance has expanded the financial lines division of Everest Specialty Underwriters (ESU ), naming five professionals to its new Private Company/Not-For-Profit unit.The Private/NFP team is targeting small, middle...

People

Feb 5 2018 // David Kramer and Theodore Nittis have launched Gemini Risk Partners as an independent professional liability insurance brokerage in Bloomfield Hills, Michigan.The firm will focus on serving law firms, as it did when it was...

Insurers Begin to Offer Cryptocurrency Theft Cover, Tackling Risks of Growing Sector

Feb 1 2018 // Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than miss out on this volatile and loosely regulated, but rapidly growing...

Chubb Records Solid Q4 and Year Despite Catastrophe Losses

Jan 31 2018 // Chubb had a solid last quarter of 2017 and year even though challenged by wildfire and other catastrophe costs. Fourth quarter results were enhanced by a one-time gain from the Trump tax cuts.The insurer booked $1.5...

Chubb Launches Agency Management & Agency Underwriting Unit in Singapore

Jan 29 2018 // Chubb announced the launch of a new Agency Management and Underwriting unit in Singapore. This dedicated unit will manage the strategic growth of the agency distribution channel as well as its specific underwriting and...