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Chubb: Cyber Claim Severity Nearly Doubled for Large Businesses

Mar 30 2026 // Average cyber insurance claim severity for large accounts in the U.S. nearly doubled in 2025, according to a new Chubb report. The insurer’s 2026 Cyber Claims Report found that average severity for businesses with $1...

Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover

Mar 23 2026 // Chubb outlined the structure of the new $20 billion maritime reinsurance facility, created to provide marine war risk insurance for ships sailing through the Strait of Hormuz – which has been effectively closed to...

People Moves: Iyer to Lead Chubb’s Global Operations, Technology

Mar 12 2026 // Seshadri (Sesh) Iyer Chubb Limited appointed Seshadri (Sesh) Iyer executive vice president, Chubb Group, operations, technology and digital transformation, effective April 6. He succeeds Julie Dillman, who is retiring on...

Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War

Mar 12 2026 // Insurance giant Chubb will be the lead partner on the U.S. International Development Finance Corporation’s $20 billion Maritime Reinsurance Plan aimed at resuming commercial shipping in the Gulf, the agency said on...

Westchester Close to Settling on Hurricane Sally Condo Claim That Topped $230M

Mar 5 2026 // Westchester Surplus Lines Insurance has reached a settlement with a Florida condominium association in a hurricane claim, three years after the condo claimed damages that insurers said were so inflated that they were...