The role drug distributor McKesson Corp. had in the opioid crisis was no accident, meaning the company is not entitled to defense costs related to litigation against it. McKesson Corp. appealed a district court’s ruling that subsidiaries of AIG and …
Record fourth quarter 2023 net income of $3.3 billion, a huge increase over net income of about $1.3 billion during the same period a year ago, ended what Chubb CEO Evan G. Greenberg called a “blowout year.” Last year was …
This edition of International People Moves details appointments at the re/insurance group Aventum, the broker Aon, and insurer Chubb. A summary of these new hires follows here. Aventum Promotes Eldridge to MD Aventum, the London-based re/insurance group that operates across …
The number of insurers adopting policies on oil and gas has slowed, according to climate activist organization Insure Our Future’s seventh annual “Scorecard on Insurance, Fossil Fuels and the Climate Emergency” released this week. The scorecard assesses the policies on …
A new Chubb report has found that 76% of wealthy Americans and Canadians believe exposure to extreme weather due to climate change is among the biggest threats to their homes. Sixty-three percent of respondents to the property and casualty insurance …
Chubb announced a collaboration with NetSPI, a global provider proactive security. The pairing is designed to strengthen clients’ cyber-risk profiles with enhanced attack surface management and penetration testing solutions. According to a press release, Chubb policyholders in the U.S. and …
This edition of International People Moves details appointments at DUAL France and Chubb’s Overseas General Insurance unit. A summary of these new hires follows here. DUAL Europe Taps Hiscox’s Hervé to Launch and Lead French Unit DUAL Europe, the specialist …
Though the risk of flooding is undeniable, a survey by Chubb of brokers with middle-market commercial clients revealed just 16% of them say more than half their clients buy flood insurance. Furthermore, 65% of the more than 330 brokers surveyed …
Chubb Limited recently announced the launch of the Chubb Methane Resource Hub, a digital resource offering clients information and insights for measuring and mitigating methane emissions. The initiative draws on technical expertise and guidance from Environmental Defense Fund. The hub …
Chubb announced the launch of a new media insurance product for clients in the United Kingdom. Alongside the launch, Chubb has also rebranded its existing UK Technology Industry Practice as the Technology and Media Practice to reflect its new focus. …
