Latest Chubb Headlines

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

Chubb Enhances Insurance Package for Cultural Institutions

Nov 18 2010 // The Chubb Group of Insurance Companies has expanded the features available under its Customarq for Cultural Institutions package policy. The policy is available to not-for-profit cultural institutions, including botanical...

ACE USA Restructures Retail Operations with Kinsella, Church, Stoer

Nov 16 2010 // Ace USA, the U.S.-based retail operating division of the ACE Group, announced a new structure and senior leadership appointments. The structure consists of two zonal operations and a centralized complex risk unit for...

Competition Picks Up in Insurance Market for the Rich

Nov 12 2010 // U.S. insurers are targeting the wealthy as one of the few client groups willing to pay higher rates and buy more policies, and competition to serve those people is increasing.From life insurers to property and casualty...

Chubb & Son Appeals Washington Enforcement Action

Nov 10 2010 // Chubb & Son announced its attorneys have filed an appeal with the Washington Office of the Insurance Commissioner over enforcement action that would have prevented six of its companies from writing new policies for...

Washington Orders 6 Chubb & Son Insurers to Stop Writing Policies

Nov 9 2010 // Washington State Insurance Commissioner Mike Kreidler has issued an order to suspend the insurance certificates of six Chubb & Son companies, effective Nov. 18, 2010. The move — which does not affect existing...

ACE Appoints Shevlin in Southeast, Rau in Southwest

Nov 4 2010 // ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Jim Shevlin as senior vice president and regional executive officer for its Southeast region, and Tim Rau as senior vice president and...

Tierney Named Operations Chief at Chubb Personal Insurance

Nov 3 2010 // New Jersey-based insurer Chubb has named Kathleen M. Tierney chief operating officer of its Personal Insurance segment.Tierney joined Chubb in 1990, and most recently served as senior vice president and eastern territory...

Chubb Establishes Healthcare Information Technology Program

Oct 28 2010 // Health care reform has spawned a host of privacy, information security and other liability exposures for the emerging healthcare information technology industry. In response, the Chubb Group of Insurance Companies has...

Survey: Private Firms Expect Growth, Employee Theft and Data Breach

Oct 27 2010 // Nearly half (44 percent) of private company executives expect their firms will add jobs by year end, and more than half (54 percent) plan to expand product or service offerings. Another 12 percent of those same executives...

Chubb Weathers Catastrophe Losses, Reports Q3 Profit

Oct 22 2010 // The Chubb Corp. reported that net income in the third quarter of 2010 was $572 million, compared to $596 million in the third quarter of 2009Operating income was $537 million in the third quarter of 2010 compared to $552...

Chubb Announces Management Changes Following Degnan Retirement

Oct 21 2010 // In anticipation of the previously announced retirement of Chief Operating Officer John J. Degnan on Dec. 31, 2010, John D. Finnegan, chairman, president and chief executive officer of The Chubb Corp. announced several...

ACE Appoints Froud Chief Admin. Officer – Bermuda; Samson to Retire

Oct 19 2010 // The ACE Group of insurance and reinsurance companies announced that Samantha Froud, Group Financial Controller, has been named Chief Administration Officer for the company’s Bermuda-based operations. She joined ACE...

ACE Appoints Furby Division President, Overseas General Operations

Jul 9 2010 // The ACE Group of insurance and reinsurance companies announced the appointment of David Furby as Division President, Commercial Property & Casualty, for ACE’s Overseas General operations.He is based in New York...

ACE Group Appoints Six New Global Client Executives

Jul 8 2010 // The ACE Group of insurance and reinsurance companies has announced the appointment of six additional global client executives in four countries: Jeff Carr and Shaun Edwards in London, Olivier Roussel in Paris, Wolfgang...

Chubb to Open Branch in Nanjing

Jul 6 2010 // The Chubb Corporation announced that the China Insurance Regulatory Commission (CIRC) has granted approval to its wholly owned subsidiary, Chubb Insurance (China) Company Limited, to establish a branch in Nanjing, Jiangsu...

Chubb’s New Lloyd’s Syndicate Inks First New Business in Expansion Plan

Jun 21 2010 // Chubb Syndicate 1882 at Lloyd’s has lost no time in concluding its first piece of business, a marine hull risk. The syndicate was formally approved at the beginning of June (See IJ web site –...

Chubb Urges Shareholders to Reject Mini-Tender Offer by TRC Capital

Jun 4 2010 // The Chubb Corp. is telling its shareholders to reject an unsolicited “mini-tender” offer by TRC Capital Corp. (TRC) to purchase up to two million shares, or approximately 0.6 percent, of the outstanding Chubb...

Chubb Establishes New Syndicate at Lloyd’s

Jun 2 2010 // Chubb Insurance Company of Europe SE has received approval from the Lloyd’s Franchise Board to establish a new Syndicate which will be named Chubb 1882. The new Syndicate will commence underwriting on June 14 for...

ACE USA Creates Data Breach Team, Enhancement Options

Apr 27 2010 // ACE USA, the U.S.-based retail operating division of the ACE Group, has made new enhancements to its privacy protection and network liability protection policies, including a suite of independent data breach specialists...

Chubb Profits Rise 36 Percent in First Quarter

Apr 23 2010 // Despite a sizable increase in catastrophe claims, New Jersey-based insurer Chubb saw first quarter profits climb 36 percent to $463 million, up from $341 million in the year-ago quarter.The impact of catastrophe claims for...