Details of Aviation Lessor Settlements With Russia Over Trapped Planes June 21, 2024 Aircraft leasing firms have struck settlements with Russia totalling around $2.7 billion for over a quarter of the roughly 400...
Businesses Do Not Have Proper Coverage for Rising Liability Losses, Says Chubb June 20, 2024 By Chad Hemenway An annual report from Chubb has revealed a couple of troubling trends for many businesses—the frequency and severity of large...
Multibillion-Euro Court Battle Over Stranded Russian Jets Begins in Dublin June 11, 2024 Some of the world’s largest aircraft lessors faced off against their insurers in a Dublin courtroom on Tuesday at the...
People Moves: Chubb Promotes Kirk as Division President of Chubb Global Markets; Everest Re Promotes Doshi to Head of North America Treaty Casualty June 6, 2024 This edition of International People Moves details appointments at Chubb and Everest Re. A summary of these new hires follows...
Buffett’s Berkshire Reveals $6.7 Billion Stake in Insurer Chubb May 16, 2024 By Annie Massa Warren Buffett’s Berkshire Hathaway Inc. unveiled a $6.7 billion stake in insurer Chubb Ltd., ending months of suspense over its...
Insurer Chubb Readies $350M Payout Tied to Baltimore Bridge Collapse May 2, 2024 Chubb, which had insured Baltimore’s Francis Scott Key Bridge, is getting ready to pay $350 million to the state of...
Chubb CEO Greenberg: Some Financial Lines Underwriting Practices ‘Simply Dumb’ April 25, 2024 By Chad Hemenway According to Chubb CEO Evan G. Greenberg, the insurance industry’s underwriting practices for a number of financial lines are “simply...
Chubb Records 13.3% Uptick in Q1 Net Income on Underwriting April 23, 2024 By Chad Hemenway Chubb started 2024 off with first quarter net income up 13.3%, compared to the same time a year ago, to...
Chubb to Acquire MGA Healthy Paws From Aon April 23, 2024 Chubb said it is acquiring managing general agent Healthy Paws from Aon plc. Whitehouse Station, New Jersey-based Chubb has been...
People Moves: Chubb Names Scheffler COO of Personal Risk Services; AXIS Appoints Morley Head of US E&O April 19, 2024 Chubb said it has promoted Melissa Scheffler to chief operating officer of Personal Risk Services (PRS). Currently, Scheffler serves as...