Latest Chubb Headlines
All the headlines from our Chubb Topic Page, ordered by recency.
Chubb in Advanced Bancassurance Talks With Hong Kong’s Hang Seng Bank: Sources
Sep 20 2022 // Chubb Ltd. is in advanced talks to form an insurance partnership with Hang Seng Bank Ltd., a Hong Kong-based lender majority owned by HSBC Holdings Plc, according to people familiar with the matter. The parties are...
Basketball Hall of Fame and Chubb Insurer Hit the Court Over D&O Coverage
Sep 20 2022 // The Basketball Hall of fame (BHoF) is suing Chubb Group subsidiary Federal Insurance Co. to have the insurer defend and indemnify it in a case accusing it of attempting to unlawfully secure funds for renovations to its...
People Moves: CNA Hardy Taps Zurich’s Crew, Chubb’s Devenish for Mgmt Liability; Aon Strengthens Capital Advisory Unit to Drive Legacy Reinsurance Growth
Aug 25 2022 // CNA Hardy Taps Zurich’s Crew, Chubb’s Devenish for Management Liability Team CNA Hardy has appointed Edward Crew as senior technical underwriter, and Oliver Devenish, as underwriter, to the London/Lloyd’s...
Peoples Moves: AXA XL Promotes Lahrmann as Senior Property U/W, UK & Lloyd’s; Chubb Global Markets Hires Audis From Nexus as General Aviation U/W
Aug 17 2022 // This edition of International People Moves details appointments at AXA XL and Chubb Global Markets. A summary of these new hires follows here. AXA XL Promotes Lahrmann as Senior Property Underwriter, UK &...
Chubb Increases Loss Cost Trends ‘Rather Than Be Lagging and Get Caught’: Greenberg
Jul 28 2022 // Chubb CEO Evan Greenberg said the insurer is seeing favorable returns, but additional rate is needed to “keep pace with loss costs, which are hardly benign.” Greenberg said during the July 27 call to discuss...
Chubb Q2 Net Income Drops $1 Billion; Books Record Insurance Results
Jul 26 2022 // Chubb Ltd. late Tuesday said second quarter net income was about $1.22 billion, more than a 46% fall from $2.27 billion in net income logged during the same period a year ago. The insurer said it lost $565 million after...
Insurtech Funding Levels Hold Steady in Q2 vs. Q1: CB Insights
Jul 26 2022 // Funding for the insurtech sector held steady in the second-quarter of 2022, coming in at roughly $2.4 billion, the same as the overall funding figure recorded for first-quarter 2022, according to data released by CB...
People Moves: Chubb Global Markets Promotes Kirk to Head of Marine; WTW Hires PwC’s Tahir Thomson for Risk & Capital Mgmt.; BMS Names 4 Senior Leaders in Asia
Jul 7 2022 // This edition of International People Moves details appointments at Chubb Global Markets and two brokers, Willis Towers Watson (WTW) and BMS. A summary of the new hires follows here. Chubb Global Markets Promotes Kirk to...
People Moves: Ed Broking’s Baird Takes Leadership Role at Aventum; Chubb Appoints AGCS’ Nicklin as Global Client Executive for UK, Ireland
Jun 23 2022 // This edition of International People Moves details appointments at re/insurance broker Consilium and the insurer Chubb. A summary of these new hires follows here. Ed Broking’s Baird Takes Leadership Role at...
Chubb Not Declaring Itself Net Zero, CEO Greenberg Says
Jun 10 2022 // In addition to predicting greater geopolitical volatility driven by global food and energy insecurity, Chubb’s chief executive warned carriers to brace for greenwashing lawsuits on the horizon—against D&O...
People Moves: DUAL Europe Names 2 in Key Roles; Lockton Re Taps Aon’s Breslin for Capital Mkts.; Chubb Promotes Thompson for Int’l Personal Lines, Hernandez for A&H
Jun 2 2022 // This edition of International People Moves details appointments at the MGA DUAL, Lockton Re and Chubb. A summary of these new hires follows here. DUAL Europe Announces 2 Key Appointments DUAL, the London-based managing...
People Moves: Oneglobal Appoints IRB’s Oka as CEO Reinsurance Brazil; Chubb Names 3 Senior Leaders for Financial Lines in UK, Ireland, S. Africa, Global Markets
May 26 2022 // Oneglobal Appoints IRB’s Oka as CEO Reinsurance Brazil Oneglobal Broking announced the appointment of Adriano Oka as CEO Reinsurance Brazil. Oka will report to Nery Silva, CEO Mercosul, Oneglobal Brazil. The...
People Moves: Chubb Canada Names Johnstone President as Alfieri Retires; MGA Loadsure Promotes; Canopius Names Atrium’s Wallace for Marine Treaty
May 9 2022 // This edition of International People Moves details appointments at Chubb Canada, insurtech MGA Loadsure and Lloyd’s re/insurer Canopius. A summary of these new hires follows here. Chubb Names Johnstone President of...
People Moves: Miller Taps RKH’s Malin, Marsh’s Gil Ramirez for Renewables Team; Chubb’s Haquette to Lead HDI Global’s France Branch Office
Apr 27 2022 // This edition of International People Moves details appointments at the London-based broker Miller and the insurer HDI Global in France. A summary of these new hires follows here. Miller Appoints RKH’s Malin,...
Chubb Posts Record Q1 P/C Underwriting Income
Apr 26 2022 // Chubb said first quarter 2022 net income fell to $1.97 billion compared with $2.3 billion during the same time a year ago but property/casualty underwriting income during the period shot up 106% to a record $1.3...
Chubb’s Greenberg on War, Ex-CAT Reporting and Insurance Profits
Apr 18 2022 // Chubb’s 2021 annual report, published online in April 2022, contains more than the details of the best year in the company’s history. As in past years, the chief executive commented on world events in his...
Chubb’s Greenberg: On War, Ex-CAT Reporting and Insurance Profits
Apr 11 2022 // When Chubb published its 2021 annual report online this week, it contained more than the details of the best year in the company’s history. As in past years, the chief executive commented on world events in his...
People Moves: TigerRisk Boosts Delegated Authority Offering; Mosaic Expands M&A Liability Team With 4 Hires; MGU Carbon Names Chubb’s Turner as Property U/W
Mar 30 2022 // This edition of International People Moves details appointments at broker TigerRisk Partners, Mosaic Insurance and MGU Carbon Underwriting. A summary of these new hires follows here. TigerRisk Partners LLC, a leading risk,...
Chubb Buys Renewal Rights of DUAL Asia’s Financial Lines Portfolio
Mar 30 2022 // Chubb announced the completion of the agreement for the transfer of renewal rights of DUAL Asia’s financial lines portfolios in Hong Kong and Singapore. Chubb will be purchasing the business assets including the...
Chubb Must Pay Target for Breached Bank Cards After Court Reversal
Mar 24 2022 // In an “extraordinary remedy” of a judgment from a year ago, a federal court judge in Minnesota reversed a decision that Target Corp. was not entitled to insurance coverage from Chubb for costs the retailer...
