Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Chubb Weathers Catastrophe Losses, Reports Q3 Profit
Oct 22 2010 // The Chubb Corp. reported that net income in the third quarter of 2010 was $572 million, compared to $596 million in the third quarter of 2009 Operating income was $537 million in the third quarter of 2010 compared to $552...
Chubb Announces Management Changes Following Degnan Retirement
Oct 21 2010 // In anticipation of the previously announced retirement of Chief Operating Officer John J. Degnan on Dec. 31, 2010, John D. Finnegan, chairman, president and chief executive officer of The Chubb Corp. announced several...
ACE Appoints Froud Chief Admin. Officer – Bermuda; Samson to Retire
Oct 19 2010 // The ACE Group of insurance and reinsurance companies announced that Samantha Froud, Group Financial Controller, has been named Chief Administration Officer for the company’s Bermuda-based operations. She joined ACE...
ACE Appoints Furby Division President, Overseas General Operations
Jul 9 2010 // The ACE Group of insurance and reinsurance companies announced the appointment of David Furby as Division President, Commercial Property & Casualty, for ACE’s Overseas General operations. He is based in New York...
ACE Group Appoints Six New Global Client Executives
Jul 8 2010 // The ACE Group of insurance and reinsurance companies has announced the appointment of six additional global client executives in four countries: Jeff Carr and Shaun Edwards in London, Olivier Roussel in Paris, Wolfgang...
Chubb to Open Branch in Nanjing
Jul 6 2010 // The Chubb Corporation announced that the China Insurance Regulatory Commission (CIRC) has granted approval to its wholly owned subsidiary, Chubb Insurance (China) Company Limited, to establish a branch in Nanjing, Jiangsu...
Chubb’s New Lloyd’s Syndicate Inks First New Business in Expansion Plan
Jun 21 2010 // Chubb Syndicate 1882 at Lloyd’s has lost no time in concluding its first piece of business, a marine hull risk. The syndicate was formally approved at the beginning of June (See IJ web site –...
Chubb Urges Shareholders to Reject Mini-Tender Offer by TRC Capital
Jun 4 2010 // The Chubb Corp. is telling its shareholders to reject an unsolicited “mini-tender” offer by TRC Capital Corp. (TRC) to purchase up to two million shares, or approximately 0.6 percent, of the outstanding Chubb...
Chubb Establishes New Syndicate at Lloyd’s
Jun 2 2010 // Chubb Insurance Company of Europe SE has received approval from the Lloyd’s Franchise Board to establish a new Syndicate which will be named Chubb 1882. The new Syndicate will commence underwriting on June 14 for...
ACE USA Creates Data Breach Team, Enhancement Options
Apr 27 2010 // ACE USA, the U.S.-based retail operating division of the ACE Group, has made new enhancements to its privacy protection and network liability protection policies, including a suite of independent data breach specialists...
Chubb Profits Rise 36 Percent in First Quarter
Apr 23 2010 // Despite a sizable increase in catastrophe claims, New Jersey-based insurer Chubb saw first quarter profits climb 36 percent to $463 million, up from $341 million in the year-ago quarter. The impact of catastrophe claims...
People
Apr 19 2010 // Wells Fargo Insurance Services has named Wayne Marchant as senior vice president and Southeast region healthcare practice leader. He will be based in Savannah. Prior to joining Wells Fargo Insurance Services, Marchant was...
People
Apr 5 2010 // New York-based USI Holdings Corp. has named Sandra Usleman, former president of USI’s Austin, Texas, operating company in the Southwest region, as senior vice president and chief sales officer. Other changes in...
People
Apr 5 2010 // Accident Fund Insurance Company of America, based in Lansing, Mich., appointed Lisa Riddle the new vice president of Claims and Medical Operations. In her new role, Riddle is responsible for the strategic direction of...
When a House Is a Home… and a Museum
Apr 5 2010 // How One Insurance Agency Is Helping to Preserve Historic Homes and Businesses While other insurance agents are visiting manufacturing plants, shopping malls and office parks, Brian Phoebus hangs out in historic homes,...
Argo Names Levinson as President of Excess/Surplus Units
Mar 18 2010 // Specialty lines insurer Argo Group US has appointed Louis Levinson to be president of the group’s E&S segment, overseeing the underwriting and business operations of Colony, Argonaut Specialty and Argo Pro. He...
Chubb Expands Its Private Wildfire Protection Network Into Texas
Mar 17 2010 // The Chubb Group of Insurance Companies has expanded its wildfire defense services to homeowner policyholders in Texas. In addition to providing wildfire education and property risk assessments, the program responds to...
Best Affirms Chubb Group and Subsidiaries ‘A++’ Ratings
Mar 17 2010 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A++’ (Superior) and issuer credit ratings (ICR) of “aa+” of the Chubb Group of Insurance Companies and its P/C members. Best also...
Starr, Chubb Form Workers Compensation Underwriting Agreement
Mar 15 2010 // Starr Indemnity & Liability Co., Inc., an indirectly wholly owned subsidiary of Starr International Company, Inc., and Chubb & Son, a division of Federal Insurance Co., a wholly owned subsidiary of The Chubb, have...
ACE Makes Appointments to New Global Client Executive Practice
Feb 22 2010 // The ACE Group has announced its initial executive appointments to its newly-created Global Client Executive team. Those assigned to the team will “work collaboratively with clients and distribution partners in major...
