Latest Chubb Headlines

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

People Moves: Aon’s Mason Expands Leadership Role in UK; Chubb Appoints AIG’s Madden for Financial Lines; Sedgwick Names Leif Hansen as CEO Nordic Region

Dec 2 2022 // This edition of International People Moves details appointments atA summary of these new hires follows here. Aon’s Mason to Expand Leadership Role in UKInsurance broker Aon plc announced that Michelle Mason is to...

People Moves: Tysers Insurance Brokers Names Former Chubb Exec Kendrick as Chair; Tokio Marine HCC Int’l Promotes Herrero as CEO for European Operation

Nov 28 2022 // Tysers Insurance Brokers Names Former Chubb Exec Kendrick as ChairTysers Insurance Brokers, the London-based broker, announced the appointment of Andrew Kendrick as non-executive chair. The appointment is effective Dec. 1,...

People Moves: Renewable Energy Lead at Marsh Specialty; Regional D&O Team Hires at AXA XL; Chubb Names Chief Culture Officer

Nov 22 2022 // Marsh Specialty Appoints Kolodner Global Renewable Energy LeaderMarsh has appointed Michael Kolodner as global renewable energy leader, Marsh Specialty. Kolodner rejoined Marsh in 2020 as U.S. power and renewable energy...

Chubb Gets Regulatory Nod to Raise Stake in China’s Huatai to 83.2%

Nov 18 2022 // Chubb Ltd. announced it has received regulatory approval from the China Banking and Insurance Regulatory Commission to increase the company’s ownership in Huatai Insurance Group Co. Ltd. from 47.3% to 83.2%.Financial...

People Moves: Marsh Names Adamantiadis CEO, Continental Europe; SCOR Taps Chubb’s Bartolo for EIL; Chubb Global Mkts Promotes Driscoll in Financial Lines

Nov 15 2022 // This edition of International People Moves details appointments at Marsh, SCOR, and Chubb Global Markets,A summary of these new hires follows here. Marsh Names Adamantiadis as CEO, Continental EuropeMarsh, the insurance...

Chubb Agrees to Defend Basketball Hall of Fame Against Unlawful Funding Claims

Nov 10 2022 // The Basketball Hall of Fame has succeeded in getting Chubb subsidiary Federal Insurance Co. to defend it in a case accusing the museum of unlawfully securing funds for renovations to its facility.Documents filed in the...

Chubb, Hudson Upheld in Denying Insurance to Couple Accused of Delaying Son’s Murder Case

Nov 4 2022 // Pennsylvania parents who are alleged to have found but not turned over to authorities a gun believed used by their son to murder a friend are not entitled to insurance for their defense against emotional distress claims...

People Moves: Dale Enters Marine Re With 2 MS Amlin Hires; Chubb Taps AGCS’ Turberville as Head of Hull, Global Mkts.; Argenta Names Blackwell Head of Property

Nov 4 2022 // This edition of International People Moves details appointments at Dale Underwriting Partners, Chubb and Argenta.A summary of these new hires follows here. Dale Underwriting Offers Marine Reinsurance With 2 Hires From MS...

People Moves: Chaucer Taps AXA XL’s Tuggey to Lead Cyber; LSM Appoints Chubb’s Vince for Broker Mgmt; QBE Int’l Names Stokoe, Fuller to Exec Board, Expanding Roles

Nov 2 2022 // This edition of International People Moves details appointments at Chaucer, Liberty Specialty Markets, and QBE International.A summary of these new hires follows here. Chaucer Names AXA XL’s Tuggey as Head of...

Dubai Aerospace Sues 11 Insurers, Including Lloyd’s, AIG, Chubb, for Jets Stuck in Russia

Oct 28 2022 // Aircraft leasing firm Dubai Aerospace Enterprise (DAE) has filed a London lawsuit against 11 insurers, including Lloyd’s of London, AIG, Chubb and Swiss Re, two months after it wrote off almost $600 million for 19...

People Moves: Hazelton to Head Chubb N.A. Industry Practices; Bentele President of Nexus Specialty Casualty

Oct 26 2022 // Chubb Appoints Bill Hazelton Head of North America Industry Practices Chubb named Bill Hazelton executive vice president, head of North America industry practices. He will lead the company’s efforts to enhance...

Chubb’s Q3 Numbers: Net Income Falls on Realized Losses; P/C Profits Up 15%

Oct 26 2022 // In spite of incurring nearly $1 billion in pre-tax net losses from Hurricane Ian, Chubb reported a combined ratio of 93.1 for the third quarter of 2022, representing $710 million in underwriting income.Property/casualty...

Chubb: People Are Using Multifactor Authentication to Log In…With a Pet Password

Oct 25 2022 // According to a poll by Chubb of adults in the U.S. and Canada, a little more than half said they use multifactor authentication to log into online accounts, which is twice the number of people from a survey a year...

People Moves: Chubb Global Mkts Promotes Jackson as Product Head of Mgmt Liability; Pesci Rejoins WTW in EMEA Reserving; IQUW Taps Beazley’s Bell, Brown for Property

Sep 20 2022 // This edition of International People Moves details appointments at Chubb Global Markets, the broker WTW and the property and specialty re/insurer IQUW.A summary of these new hires follows here. Chubb Global Markets...

Chubb in Advanced Bancassurance Talks With Hong Kong’s Hang Seng Bank: Sources

Sep 20 2022 // Chubb Ltd. is in advanced talks to form an insurance partnership with Hang Seng Bank Ltd., a Hong Kong-based lender majority owned by HSBC Holdings Plc, according to people familiar with the matter.The parties are...

Basketball Hall of Fame and Chubb Insurer Hit the Court Over D&O Coverage

Sep 20 2022 // The Basketball Hall of fame (BHoF) is suing Chubb Group subsidiary Federal Insurance Co. to have the insurer defend and indemnify it in a case accusing it of attempting to unlawfully secure funds for renovations to its...

People Moves: CNA Hardy Taps Zurich’s Crew, Chubb’s Devenish for Mgmt Liability; Aon Strengthens Capital Advisory Unit to Drive Legacy Reinsurance Growth

Aug 25 2022 // CNA Hardy Taps Zurich’s Crew, Chubb’s Devenish for Management Liability TeamCNA Hardy has appointed Edward Crew as senior technical underwriter, and Oliver Devenish, as underwriter, to the London/Lloyd’s...

Peoples Moves: AXA XL Promotes Lahrmann as Senior Property U/W, UK & Lloyd’s; Chubb Global Markets Hires Audis From Nexus as General Aviation U/W

Aug 17 2022 // This edition of International People Moves details appointments at AXA XL and Chubb Global Markets.A summary of these new hires follows here. AXA XL Promotes Lahrmann as Senior Property Underwriter, UK &...

Chubb Increases Loss Cost Trends ‘Rather Than Be Lagging and Get Caught’: Greenberg

Jul 28 2022 // Chubb CEO Evan Greenberg said the insurer is seeing favorable returns, but additional rate is needed to “keep pace with loss costs, which are hardly benign.”Greenberg said during the July 27 call to discuss...

Chubb Q2 Net Income Drops $1 Billion; Books Record Insurance Results

Jul 26 2022 // Chubb Ltd. late Tuesday said second quarter net income was about $1.22 billion, more than a 46% fall from $2.27 billion in net income logged during the same period a year ago.The insurer said it lost $565 million after tax...