Chubb Chairman and CEO Evan Greenberg insists his global P/C insurer has strong fundamentals, but warned at the same time that the ongoing pandemic crisis will spur unpredictable revenue challenges affecting many lines of coverage. Broadly speaking, the insurer will …
Global insurer Chubb announced that it will not conduct any layoffs among its 33,000 employees while in the midst of the COVID-19 pandemic health crisis. The insurer has also pledged to give $10 million to pandemic relief efforts globally. “We …
Chubb has named Stephen Buonpane as Construction Industry Practice leader for its large account segment. He succeeds Bill Hazelton who was recently named head of Chubb North America Claims. In this capacity, he will oversee strategic direction while leading a …
Chubb has introduced a new fidelity insurance product, the Financial Institution Bond for Asset Managers, to address risks faced by today’s asset managers. The financial fidelity bond provides modernized coverage for a range of risks that can result in loss …
Global insurer Chubb has made a $10 million equity investment the African Trade Insurance Agency (ATI), becoming the first global property/casualty insurance company to become a shareholder in the African multilateral political risk and credit insurer. ATI supports trade and …
Global insurer Chubb announced leadership appointments for North America Commercial Insurance, the company’s $5.8 billion retail commercial property/casualty insurance division that serves middle market and small businesses in the United States and Canada. Ben Rockwell, currently executive vice president and …
Insurer Chubb Ltd said on Monday it will buy up to an additional 22.4% stake in Chinese insurer Huatai Insurance Group Co Ltd for 10.8 billion yuan ($1.53 billion), as it looks to bank on a rapidly growing sector in …
Chubb announced the appointment of Jason Keen as division president, Chubb Global Markets. In this role, Keen will have responsibility for the leadership, strategy and performance of Chubb Global Markets, which comprises Chubb’s London market wholesale and specialty business including …
Quantemplate, the provider of self-service, cloud-based automated data services for the re/insurance industry, raised more than $12 million in its latest funding round. Quantemplate said it plans to use the funding for three main areas, sales and marketing, and platform …
Chubb announced the appointment of Jonathan Poole as head of Middle Market for the UK and Ireland. In this role Poole will have overall responsibility for Chubb’s Middle Market strategy for the UK and Ireland which includes sales and distribution, …
