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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...

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