The Basketball Hall of Fame has succeeded in getting Chubb subsidiary Federal Insurance Co. to defend it in a case accusing the museum of unlawfully securing funds for renovations to its facility. Documents filed in the U.S. District Court for …
Pennsylvania parents who are alleged to have found but not turned over to authorities a gun believed used by their son to murder a friend are not entitled to insurance for their defense against emotional distress claims brought by the …
This edition of International People Moves details appointments at Dale Underwriting Partners, Chubb and Argenta. A summary of these new hires follows here. Dale Underwriting Offers Marine Reinsurance With 2 Hires From MS Amlin Dale Underwriting Partners (DUP), the trading …
Chubb Appoints Bill Hazelton Head of North America Industry Practices Chubb named Bill Hazelton executive vice president, head of North America industry practices. He will lead the company’s efforts to enhance delivery of comprehensive industry-focused insurance coverages, risk engineering and …
In spite of incurring nearly $1 billion in pre-tax net losses from Hurricane Ian, Chubb reported a combined ratio of 93.1 for the third quarter of 2022, representing $710 million in underwriting income. Property/casualty underwriting income was up 15% compared …
According to a poll by Chubb of adults in the U.S. and Canada, a little more than half said they use multifactor authentication to log into online accounts, which is twice the number of people from a survey a year …
Chubb Ltd. is in advanced talks to form an insurance partnership with Hang Seng Bank Ltd., a Hong Kong-based lender majority owned by HSBC Holdings Plc, according to people familiar with the matter. The parties are hammering out the details …
Chubb CEO Evan Greenberg said the insurer is seeing favorable returns, but additional rate is needed to “keep pace with loss costs, which are hardly benign.” Greenberg said during the July 27 call to discuss second-quarter earnings that Chubb has …
Chubb Ltd. late Tuesday said second quarter net income was about $1.22 billion, more than a 46% fall from $2.27 billion in net income logged during the same period a year ago. The insurer said it lost $565 million after …
This edition of International People Moves details appointments at re/insurance broker Consilium and the insurer Chubb. A summary of these new hires follows here. Ed Broking’s Baird Takes Leadership Role at Aventum Consilium, the international re/insurance broker, part of The …
