Ron Perelman’s Fight Over $410 Million in Art Insurance Goes to Trial June 3, 2025 By Chris Dolmetsch and Tom Maloney Nearly seven years after a fire ripped through Ron Perelman’s Hamptons home, he is asking a New York state judge...
People Moves: Boroughs Named Chubb Group Vice Chairman, Hogan Succeeds Boroughs as Investment Officer; Cushing Named Head of Construction at Zurich NA May 20, 2025 Boroughs Named Vice Chairman, Chubb Group; Hogan Succeeds Boroughs as Chubb Group Chief Investment Officer Chubb Limited, with U.S. headquarters...
Wildfire Losses Drop Chubb Q1 Net Income 38%, While Tariffs Create ‘Confusion’ April 23, 2025 By Chad Hemenway First quarter 2025 net income at Chubb fell nearly 38% to about $1.3 billion as losses from the California wildfires...
JD Power: Customers Not Happy With Carrier Property Claims Service March 20, 2025 By Jahna Jacobson Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s...
Chubb Combines Lower Middle Market and Digital Small Business Units March 12, 2025 Global insurer Chubb announced the creation of a new division within its North America Middle Market organization, combining its Lower...
Chubb to Buy Liberty Mutual Thailand, Vietnam Insurance Assets March 3, 2025 By Manuel Baigorri Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.’s businesses in Thailand and Vietnam in a deal that would help...
People Moves: Faynberg to Head Chubb’s Healthy Paws; D’Onofrio Promoted to Global CUO of Ryan Specialty Underwriting Managers February 28, 2025 Westchester, Chubb’s excess and surplus lines company, said Alex Faynberg was appointed to executive vice president and head of pet...
Avolon, BOC Settle Lawsuit Against Insurers Over Stranded Russian Jets February 7, 2025 By Padraic Halpin and Conor Humphries Avolon and BOC Aviation, two of the world’s largest aircraft lessors, have settled lawsuits in the Irish courts against insurers...
Chubb Posts Record P/C Underwriting Income for Q4 and 2024 January 29, 2025 By Chad Hemenway Chubb posted record property/casualty underwriting income of about $1.6 billion, up 3.8% during the last quarter of 2024. Fourth quarter...
People Moves: Arch Insurance Taps Symenouh From Tokio Marine as Senior Cyber Underwriter; Chubb Promotes Latter to Lead Claims for Overseas General Insurance December 17, 2024 This edition of International People Moves details appointments at Arch Insurance and Chubb Overseas General. A summary of these new...