Reinsurance News

Chubb news

News about international insurance and reinsurance group Chubb, including news about the company’s financial results, its new product launches, new hire news and other analysis or insight about Chubb’s insurance and reinsurance offering.

Chubb’s Combined Insurance appoints VP of Distribution, Canada

18th August 2022

Chubb’s Combined Insurance has appointed Michael Milos as Vice President of Distribution Expansion for Combined’s Canadian branch. He is based at Combined’s Markham, Ontario offices. As Vice President of Distribution Expansion Milos will be instrumental in diversifying the organization’s distribution strategies, as well as strengthening and forming new relationships in the broker ... Read the full article

Chubb announces new Senior Underwriter General Aviation for global markets

16th August 2022

Global insurer Chubb has announced the appointment of Martin Audis as Senior Underwriter General Aviation for Chubb Global Markets (CGM). Audis joins Chubb from Nexus Underwriting Limited, where he was a Senior Aviation Underwriter for six years. Before that, Martin was a Senior Aviation Underwriter at Starr Underwriting Agencies. In his new ... Read the full article

AXA tops list of largest EU insurers ranked by GPW

1st August 2022

When ranked by gross premiums written (GPW) in 2020, AXA tops the list of the largest European insurance companies with USD 115.3 billion. The insurer also recorded USD 80 billion of capital & surplus from 2020. Based on research data from ratings agency AM Best, our directory ... Read the full article

Chubb sees record earnings despite net income fall

27th July 2022

Global insurer Chubb has reported net income of $1.22 billion for the second quarter of 2022, after falling from $2.27 billion in the previous year. According to the insurer the net income in the quarter was adversely impacted by realised losses of $565mn after tax, principally due to the mark-to-market impact ... Read the full article

Top US P&C underwriters saw robust premium growth in 2021

18th July 2022

The top 10 U.S. property & casualty (P&C) underwriters, based on net premiums written, remained unchanged in 2021 when compared with the previous years, while Munich Re Americas moved four places to 15th, making it the highest ranked reinsurer on the list. Our directory of the Top ... Read the full article

Chubb appoints Natalie Chiaramonte Division President of Sovereign Risk

12th July 2022

Natalie Chiaramonte has been named Division President of Sovereign Risk Insurance Limited, a Chubb company dealing in political risk insurance and reinsurance. In her new role, Chiaramonte will have executive operating responsibility for the company, which provides political risk and sovereign credit insurance to commercial and investment banks, exporters, multinational corporations, ... Read the full article

Chubb names David Kirk as New Head of Marine for Global Markets

8th July 2022

Global re/insurer Chubb has appointed David Kirk as Head of Marine for Chubb Global Markets (CGM) - the company's London Market wholesale and specialty business including its Lloyd's platform. He currently serves as Cargo Product Head and Deputy Head of Marine CGM. Within this new role, Kirk will assume responsibility for the oversight ... Read the full article

Chubb makes senior appointments for its new Asian businesses

5th July 2022

Global insurer and reinsurer Chubb has made a number of appointments for its newly acquired Asian businesses. The firm said in separate statements that it had appointed Jack Chang to lead the life insurance operations of Cigna in Taiwan; Jee Eun (Geannie) Cho to lead LINA, Cigna’s life insurance operations in ... Read the full article

Chubb completes acquisition of Cigna APAC businesses

1st July 2022

Chubb Limited has completed its acquisition of the life and non-life insurance companies that house the personal accident, supplemental health and life insurance business of Cigna, in six Asia-Pacific markets. Chubb paid $5.36 billion for the operations, which includes Cigna’s accident and health (A&H) and life business in Korea, Taiwan, New ... Read the full article

Future is “here and now” – Chubb CEO Evan Greenberg

22nd June 2022

Speaking at the recent S&P insurance conference, Chubb Ltd. CEO Evan Greenberg says insurance companies that have declared net zero targets are overpromising and leave themselves vulnerable to litigation.  Chubb hasn't declared such a target, he added, because it can't imagine how to measure the carbon footprint of ... Read the full article

Chubb announces two executive changes

17th June 2022

Global re/insurer Chubb has made two new executive changes. The company has announced, effective immediately, Suresh Krishnan has been named Chief Operating Officer (COO) of ESIS, and Lauren Gillette has been named Executive Vice President, Head of North America Accident & Health. Krishnan most recently served as Head of North America Accident & Health ... Read the full article

Chubb’s Combined Canada gets new president in Joel Schwartz

13th June 2022

Chubb’s Combined Canada has named Joel Schwartz as its new president. Schwartz will take on the role immediately and will oversee the organisation’s business operations, management, and growth strategies. He will report to Richard L. Williams, Jr., president of Combined Insurance. Schwartz joins the company after serving as president of CNO company ... Read the full article

Chubb promotes Jim Shevlin to Division President of ESIS

7th June 2022

Global re/insurer Chubb has appointed Jim Shevlin as Division President of ESIS, reporting to Matt Merna, Senior Vice President, Chubb Group and Division President, North America Major Accounts. He succeeds Leigh Anne Sherman, who has been appointed Specialty Officer for Chubb’s Middle Market Commercial Insurance business unit in North America. Within his new ... Read the full article

Chubb appoints new SVP, Chief Communications Officer

6th June 2022

Global insurer, Chubb has announced that Cheryl Krauss has been appointed Senior Vice President, Chubb Group and Chief Communications Officer. Within this new role, she will be responsible for Chubb’s corporate communications and marketing functions globally. She will also report to Evan G. Greenberg, Chairman and Chief Executive Officer. In addition, the investor relations function ... Read the full article

Hippo’s First Connect insurtech marketplace to offer cyber protection from Blink by Chubb

31st May 2022

First Connect Insurance Services LLC, a subsidiary of Hippo Insurance Group, has announced a collaboration with Blink, a suite of Chubb-backed consumer insurance products, to make personal cyber insurance protection available to independent agents that participate in First Connect’s insurtech marketplace platform. First Connect – a digital platform designed to provide ... Read the full article