Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
People Moves: WTW’s Hegelbach to Newly Created Renewable Energy Role at Howden; Browne Is Division President, Consumer Lines, APAC, for Chubb
May 28 2021 // Howden Specialty announced the appointment of Severin Hegelbach as divisional director. In this newly created role, Hegelbach will lead a renewable energy advisory service, focused on providing in-depth risk advice for...
Chubb Updates Lower Middle Market Commercial Package Product
May 27 2021 // Chubb has rolled out a new insurance product for the lower middle market segment with an expanded base coverage offering in both property and liability. Benchmarq Package features scalable property and general liability...
People Moves: Chubb’s Goldie Joins IAT; Diaz-Padron Appointed to LAAIA Board; Comer to Lead MEMIC’s Southeast Region
May 11 2021 // Chubb’s Goldie Joins IAT Insurance Group as SVP, Moving & Storage, Distribution Strategy Bobbie Goldie IAT Insurance Group, a provider of specialty property/casualty and surety products, has hired Bobbie Goldie...
Jailed Ex-Wirecard CEO Files Lawsuit Against Chubb to Get D&O Coverage
May 10 2021 // Markus Braun, the former chief executive officer of scandal-ridden Wirecard AG who has been in jail for almost a year, sued insurance giant Chubb Ltd. to make it pick up his legal bills, people familiar with the case...
Lack of Travel Has Harmed Business Relations, Chubb Survey Finds
Apr 30 2021 // Business travelers are eager to travel again for work and life, but most remain concerned at the same time about contracting COVID-19 and favor extra precautions. They are also concerned that their lack of travel has hurt...
Chubb CEO Sees ‘Outstanding’ Q1 and Lots of Options for Growth Without Hartford
Apr 29 2021 // Chubb reported sizable net income of $2.30 billion in the first quarter of 2021 versus $252 million for the prior year’s first quarter as the global insurer’s commercial property/casualty businesses continued...
Hartford Rejected 3 Acquisition Offers From Chubb From $65 to $70 a Share
Apr 22 2021 // After its initial offer of $65 per share to acquire The Hartford was rejected, insurer Chubb came back with two additional offers of $67 and then $70 per share, The Hartford reported today in its first quarter filings. The...
Court Agrees Chubb Excluded Coverage in $3.3 Million Unsolicited Advertising Case
Apr 22 2021 // Chubb subsidiary Federal Insurance Co. does not have to pay $3.3 million that medical device services firm Mesa Laboratories Inc. wants to fund a settlement over its violations of the Telephone Consumer Protection Act...
People Moves: Chubb Appoints Execs in Construction, A&H; Hippo Adds to Legal & Compliance; Alleyne Named Chief Legal Officer at Munich Re US
Apr 16 2021 // Chubb has appointed Lyndsey Christofer as executive vice president, Construction Industry Practice Leader for its large account segment. In this capacity, she will oversee a team of construction underwriting and service...
Chubb CEO Greenberg Reiterates Call for Litigation Reform
Apr 14 2021 // Chubb Chairman and CEO Evan Greenberg is reiterating a call for litigation reform nationally and at the state level to address what he said is a “systemic” worsening of the legal environment and its harmful...
Court Orders Chubb Subsidiary to Pay for Merchandise Lost in Warehouse Bankruptcy
Apr 14 2021 // Chubb’s Federal Insurance Co. must pay more than $2 million to a fabric company that lost 22 trailer loads of merchandise when the Mississippi warehouse company that stored it, filed for bankruptcy, sold the goods...
People Moves: Cole from XS Brokers to Rockwood; Westchester’s Roberts, Fred C. Church’s Sanderson Promoted
Mar 30 2021 // Rockwood Programs Names Cole as Chief Marketing Officer Rockwood Programs Inc., a full-service managing general agency, has appointed Carol Cole to chief marketing officer. In this role, Cole is responsible for marketing...
Chubb ‘Disappointed’ in Hartford’s Rejection of Merger Offer, Talks
Mar 29 2021 // Global insurer Chubb Ltd. today issued a statement that it is “disappointed that The Hartford chose not to engage in discussions regarding a strategic business combination.” However, the disappointed insurer...
Allianz Privately Mulls Counteroffer for The Hartford After Chubb’s Offer
Mar 28 2021 // Chubb Ltd.’s $23 billion takeover offer for Hartford Financial Services Group Inc. has prompted Germany’s Allianz SE to study the feasibility of a counteroffer, according to people familiar with the...
The Hartford Rejects Chubb’s $23 Billion Buyout Offer
Mar 23 2021 // The Hartford today announced that its board of directors has unanimously rejected rival insurer Chubb’s unsolicited proposal to acquire The Hartford for $23.24 billion. The Hartford said its board determined that...
Chubb Bids for Significant Scale Including The Hartford’s ‘Crown Jewel’
Mar 19 2021 // Five years ago, Evan Greenberg led ACE’s nearly $30 billion acquisition of Chubb, morphing Chubb into its current status as a global property/casualty insurance giant he continues to guide as CEO. Now, the insurer is...
Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb
Mar 19 2021 // While Chubb’s $23.2 billion opening bid for The Hartford appears to be mostly a commercial lines play to many observers, one experienced industry observer has a different take on it. Chubb CEO Evan Greenberg would...
Chubb’s Offer to Acquire Rival Hartford: $23.2 Billion
Mar 19 2021 // Chubb Ltd., the global insurer led by Evan Greenberg, proposed an acquisition of Hartford Financial Services Group Inc. for about $23.2 billion in cash and stock in what could be one of the industry’s biggest deals...
Chubb Explores Acquisition of $22 Billion Rival Hartford: Bloomberg
Mar 18 2021 // Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in what could be one of the industry’s biggest deals in years, people familiar with the...
Chubb Names Kelaher as Country President for Australia and New Zealand
Mar 9 2021 // Chubb announced it has appointed Peter Kelaher as country president for Australia and New Zealand. In his new role, Kelaher, who is currently senior vice president and head of Property and Casualty (P/C) for Australia and...
