Headlines from our Chubb Topic Page with the most time spent reading.
May 22 2023 // Chubb CEO Evan Greenberg says society and the business community need to start asking questions regarding the purpose of third-party litigation funding, a major contributor to increases in frequency and severity within...
Jun 5 2023 // Chubb announced it has set up an aviation hub in Singapore to develop further its general aviation and aerospace business.The Singapore aviation hub is part of a strategic regional focus for the aviation team from Chubb...
Aug 30 2023 // A federal judge in North Carolina has ruled against a Chubb subsidiary in an attempt to rid itself of defense-cost obligations in opioid-related litigation by enforcing two policy exclusions.According to court documents in...
Dec 19 2023 // A New York judge has ruled that the “plain language” of Chubb Insurance policies dictates that the insurer must cover the Archdiocese of New York parishes and schools as they contend with thousands of sex abuse...
May 22 2023 // ACE American Insurance Company (Chubb) says it has no duty to defend a Texas Subway franchise sued by the family of a former worker killed on site by an ex-boyfriend.In a complaint for declaratory relief filed in the US...
Jul 28 2023 // This edition of International People Moves details appointments at Everest Insurance International and SiriusPoint.A summary of these new hires follows here. Everest Insurance Int’l Taps Chubb’s Brionne,...
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...
Jul 5 2023 // This edition of International People Moves details executive changes and appointments at Inver Re, Tokio Marine Kiln and Chubb.A summary of these new hires follows here. Hearn to Step Down as Inver Re’s CEOInver Re,...
Jul 26 2023 // Chubb second-quarter net income went up 50.7% to nearly $1.8 billion and its property/casualty combined ratio came in at 85.4.“We had another simply outstanding quarter – in fact, a record, which contributed to a...
Nov 29 2023 // Though the risk of flooding is undeniable, a survey by Chubb of brokers with middle-market commercial clients revealed just 16% of them say more than half their clients buy flood insurance.Furthermore, 65% of the more than...
Mar 13 2024 // Chubb CEO Evan Greenberg, recognizing the criticism swirling around his company’s involvement in recently providing Donald Trump with a $91.6 million appeal bond, penned a letter to explain.“When Chubb issues...
Jul 25 2023 // U.S. insurer Chubb is in talks to acquire a 49% stake in India’s Kotak General Insurance and has become a more favored suitor than Zurich Insurance Group, two people with direct knowledge of the discussions...
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...
Feb 1 2024 // Chubb is writing more North American personal excess and surplus lines business, but the insurer’s chief executive is not exactly celebrating.While he reminded analysts during a fourth-quarter earnings conference...
Jul 13 2023 // This edition of International People Moves details appointments at Canopius and AXIS Capital Holdings.A summary of these new hires follows here. Canopius Taps Former AXA XL Exec Cooper as Head of Reinsurance & Bermuda...
Mar 26 2024 // The 5th Circuit Court of Appeals ruled last week that Chubb must cover restitution claims paid to ticket holders of the 2020 South by Southwest film festival cancelled due to COVID-19.A three-judge panel reversed a summary...
Mar 8 2024 // Donald Trump secured a $91.6 million bond from insurer Chubb in order to allow the former president to appeal an $83.3 million verdict against him in the E. Jean Carroll defamation case.The surety bond contract with...
Nov 28 2023 // Chubb Limited recently announced the launch of the Chubb Methane Resource Hub, a digital resource offering clients information and insights for measuring and mitigating methane emissions. The initiative draws on technical...
Jan 9 2024 // A new Chubb report has found that 76% of wealthy Americans and Canadians believe exposure to extreme weather due to climate change is among the biggest threats to their homes.Sixty-three percent of respondents to the...
Jan 31 2024 // Record fourth quarter 2023 net income of $3.3 billion, a huge increase over net income of about $1.3 billion during the same period a year ago, ended what Chubb CEO Evan G. Greenberg called a “blowout...