Chubb News

Chubb Enhances Cover for Commercial Entertainment Producers in UK & Ireland

Chubb said it has enhanced insurance policy wording for companies producing television and other advertising commercials in the UK & Ireland, as the creative industry sector continues to grow and its risks evolve. The new wording includes a number of …

Chubb Names Kessler as Chief Reinsurance Officer, Succeeding O’Farrell

Chubb Ltd., the insurer led by Chief Executive Officer Evan Greenberg, promoted Michael Kessler to chief reinsurance officer as William O’Farrell departs for other opportunities. Kessler will oversee the design and purchase of the reinsurance programs and report to Chief …

Chubb Launches Biogas & Solar (Cleantech) Insurance Solution in UK & Ireland

Chubb has launched a new insurance proposition for biogas and solar plants, projects or facilities, in the UK and Ireland as it continues to expand its cleantech offering. Biogas and solar are playing an increasing role in the UK’s energy …

Chubb Enhances Cover for Tech Companies in UK and Ireland

Chubb announced that has enhanced MasterPackage for Technology Companies, its comprehensive single contract insurance solution for technology businesses in the UK, as it continues to expand its offering in this key sector of the economy. Masterpackage for Technology Companies provides …

XL Estimates Q2 Cats to Cost $240M, Led by Alberta Wildfires

XL Group Plc, the insurer that expanded last year with the purchase of Catlin Group Ltd., said second-quarter catastrophe costs were probably about $240 million pretax, with wildfires in Alberta, Canada, responsible for about half the total. Flooding in Europe …

Chubb Estimates Q2 Cat Losses to Rise 54% from Q1 2016

Property and casualty insurer Chubb Ltd. estimated natural catastrophe losses for the second quarter to be about 54 percent higher than the first quarter, indicating another quarter of high losses due to natural disasters for insurers. Multiple weather events in …

Chubb Names P/C Insurance Risk Engineering Leaders for Europe

Chubb announced the leadership of its property & casualty (P/C) risk engineering team in Europe, all effective immediately. Paul Brooke, formerly head of property risk engineering, UK and Ireland for legacy ACE, will serve as head of P/C risk engineering …

Chubb Offers Package Policy for UK & Ireland Middle Market Firms

Chubb has launched a comprehensive single property and liability package insurance policy for middle market businesses in the UK and Ireland. “MasterPackage” is designed to meet the needs of UKI business with domestic and/or international operations and a turnover of …

Chubb Offers Cyber Bullying Cover for Canadian Homeowner Clients

Chubb has added cyber bullying coverage to its Canadian Masterpiece Family Protection policy to help cover clients and their families from the expenses associated with a cyber bullying incident. Chubb’s cyber bullying coverage provides up to $60,000 in compensation to clients and …

ESIS Launches Healthcare Industry Risk Management Practice

ESIS, Inc., Chubb’s risk management services division, has launched a new industry practice dedicated to serving the claims and risk management needs of healthcare organizations and life sciences firms. The ESIS Healthcare Industry Practice includes a full range of claims …