Headlines from our Chubb Topic Page with the most time spent reading.
Jun 6 2024 // Although insurers can help to stop the growth of social inflation, they can’t lead the effort, an industry executive said during an insurance conference this week.Evan Greenberg, chair and chief executive officer of...
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...
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...
May 16 2024 // Warren Buffett’s Berkshire Hathaway Inc. unveiled a $6.7 billion stake in insurer Chubb Ltd., ending months of suspense over its mystery position in a financial firm, previously kept concealed in regulatory...
Jan 29 2025 // Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024.Fourth quarter net income was down 22% to about $2.6 billion compared to the same period a year ago,...
Feb 24 2025 // Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024.Fourth-quarter net income was down 22% to about $2.6 billion compared to the same period a year ago,...
Jun 20 2024 // An annual report from Chubb has revealed a couple of troubling trends for many businesses—the frequency and severity of large losses are up and companies are underestimating the amount of liability coverage they...
Jan 6 2025 // This edition of International People Moves details appointments at AXIS Capital Holdings and Agile Insurance Group.A summary of these new hires follows here. AXIS Appoints Chubb’s Farrup as Head of Global Markets,...
Jul 24 2024 // Chubb said second quarter net income was up more than 24% to about $2.2 billion despite higher catastrophe losses than a year ago.Catastrophe losses for the second quarter were $580 million, pretax, compared to $400...
Jul 10 2024 // Chubb today announced an additional handful of promotions within its North America insurance operations, with Ana Robic and Ben Rockwell getting appointed senior vice president of Chubb Group.Robic is division president,...
May 2 2024 // Chubb, which had insured Baltimore’s Francis Scott Key Bridge, is getting ready to pay $350 million to the state of Maryland, in what could be the first major payout tied to the collapsing of the bridge in March.The...
Oct 29 2024 // Chubb recorded an 11.7% increase in P/C underwriting income with a combined ratio of 87.7 as part of third quarter net income of about $2.2 billion, up 13.8%CEO Evan G. Greenberg said the Whitehouse Station, New...
Jul 9 2024 // Chubb today said it has made several executive leadership changes in its North American general insurance business, with John Lupica becoming executive chairman.Lupica was vice chairman of Chubb Group and president of...
Sep 17 2024 // This edition of International People Moves details appointments at AXIS Capital Holdings and Marsh McLennan.A summary of these new hires follows here. AXIS Names Chubb’s Mitchell as Head of Global Markets, Succeeding...
Apr 23 2024 // Chubb started 2024 off with first quarter net income up 13.3%, compared to the same time a year ago, to about $2.1 billion.The first three months of 2024 followed a year Chubb CEO Evan G. Greenberg called the “best...
Oct 25 2024 // H.W. Kaufman Group Names Kaufman and Kaufman Davis to Newly Established Co-President RoleH.W. Kaufman Group, headquartered in Farmington Hills, Michigan, named Danny Kaufman and Jodie Kaufman Davis as co-presidents. The...
Mar 3 2025 // Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.’s businesses in Thailand and Vietnam in a deal that would help it boost its presence in Southeast Asia.Chubb plans to buy LMG Insurance Public Co. in Thailand...
Mar 12 2025 // Global insurer Chubb announced the creation of a new division within its North America Middle Market organization, combining its Lower Middle Market and Digital Small Business divisions into a single unit.The new unit will...
Aug 14 2024 // Chubb Appoints Ohsiek Chief Accounting Officer, Hagan CFO of Operations and Le as Chief AuditorChubb made three executive appointments effective Sept. 4. Chubb appointed George Ohsiek as vice president and chief accounting...
Apr 23 2024 // Chubb said it is acquiring managing general agent Healthy Paws from Aon plc.Whitehouse Station, New Jersey-based Chubb has been the exclusive underwriter of Healthy Paws’ pet insurance program for Aon since 2013....