Michael O’Reilly, executive vice president and Chief Investment Officer of The Chubb Corp., was named to the position of Chief Financial Officer.
O’Reilly succeeds Weston Hicks, who resigned as Chubb CFO, effective Oct. 4, to accept a position as executive vice president of Alleghany Corporation. In his new position, Hicks will have overall supervision of Alleghany’s insurance holdings and investment portfolio.
“Chubb is a first-class company in all respects,” said Hicks, “and I have enjoyed working there. But I wanted to take advantage of this once-in-a-lifetime opportunity to move to a senior leadership position closely related to the world of investing, in which I have spent most of my career.”
O’Reilly joined Chubb’s financial department in 1969. In 1988, he became Chief Investment Officer and in 1997 a member of Chubb’s Policy Team.
Was this article valuable?
Here are more articles you may enjoy.
As in Florida, Georgia Saw Big Jump in Lawsuits Ahead of Major Litigation Limits 
Don’t Look Now, But Citizens Is No Longer the Largest Property Insurer in Florida 
Business Moves: Trucordia Acquires 5 Local Agencies in 4 States 
What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth 
