The average price tag for a business to recover after a cyber attack is $400,000, which can be fatal for small-and-medium-sized enterprises (SMEs), according to a report published by Chubb. This hefty cost of repairing the business and its reputation …
Chubb announced the appointment of Kyle Bryant to the newly created position of head of Financial Lines for Continental Europe. In this role, Bryant will have responsibility for leading Chubb’s Financial Lines team in the region, overseeing strategic development, execution …
Chubb announced the appointment of Peter Graswinckel as segment leader for Major Accounts in Continental Europe. In this newly created role, Graswinckel will be responsible for delivering tailor-made solutions and services for clients and business partners in Continental Europe. He …
Chubb’s high-net-worth personal lines insurance business may have some new competition, but Chairman and CEO Evan Greenberg and a key executive say those rivals haven’t made much of a dent. “From my point of view we don’t see a change …
In 2018 fourth quarter, global insurer Chubb saw a surge in catastrophe losses, along with growth in premium revenue, better global property/casualty pricing and record net investment income. The insurer booked $355 million in net income compared to more than …
Chubb announced the launch of a Media Industry Practice for the UK and Ireland. This latest addition to Chubb’s existing suite of industry practices is aimed at middle market and multinational businesses, bringing together Chubb’s specialist capabilities in underwriting, claims …
Chubb Ltd. is boosting its presence and digital capabilities in Latin America by way of a 15-year distribution agreement with Banco de Chile, the largest bank based in Chile. “This partnership will meaningfully increase Chubb’s already significant presence in Chile …
After sending rival Uber Technologies Inc. packing from Singapore and other Southeast Asian markets, homegrown ride-hailing firm Grab Pte. has set itself a stiffer target. It wants to be a regional super-app. Think of it as a digital conglomerate that …
Chubb announced the appointment of Glen Browne as deputy regional president for Asia Pacific and division president, Southeast Asia. In his new role, Browne is responsible for the general management and business results in the six countries of Indonesia, Malaysia, …
Chubb announced that it is partnering with The Nature Conservancy, the world’s largest conservation organization, to work together in Miami to reduce the risk from storm impacts and rising sea levels on the vulnerable coastline. The collaboration, funded by a …
