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Chubb launches new Pro ERM solution

5th August 2019

Insurer and reinsurer Chubb has announced the launch of Pro ERM, a new comprehensive offering which combines Miscellaneous Professional Liability, Media Liability, Cyber Liability, and first-party Cyber coverages with extensive loss mitigation and incident response services. Chubb states that Pro ERM, which combines numerous covers into a single policy, is an ... Read the full article

Chubb appoints Marcos Gunn to succeed Juan Luis Ortega

2nd August 2019

Chubb has announced that current Division President, Northern Latin America and Chief Operating Officer (COO) of the Latin America region, Marcos Gunn, has been appointed Senior Vice President (SVP), Chubb Group and Regional President, Latin America.  Gunn replaces and will also report to Juan Luis Ortega, who was recently appointed ... Read the full article

Chubb names Ortega EVP, Chubb Group & President, Overseas General Insurance

1st August 2019

Insurer and reinsurer Chubb has revealed that Juan Luis Ortega is to succeed Juan Andrade as Executive Vice President (EVP), Chubb Group and President, Overseas General Insurance, effective immediately. Ortega is currently Senior Vice President (SVP), Chubb Group and Regional President of Latin America, and in his new role will report ... Read the full article

Chubb appoints Janene Blizzard to A&H role for UK & Ireland, Eurasia & Africa

29th July 2019

Global insurer and reinsurer Chubb has announced the appointment of Janene Blizzard as Vice President Accident & Health (A&H) for the UK & Ireland and Eurasia & Africa region. Blizzard previously served as Head of A&H Corporate and Global Accounts UK and Ireland at Chubb. In her new role, she will have ... Read the full article

Chubb CEO notes improved, broadening pricing environment

24th July 2019

Global insurer and reinsurer Chubb has reported net income of $1.2 billion and a P&C combined ratio of 90.1% for the second-quarter of 2019, while an improved pricing environment resulted in strong premium growth for the firm. At $1.2 billion, Chubb's net income and core operating income fell slightly year-on-year, by ... Read the full article

Chubb Tempest Re hires Holland from AXIS for VP casualty treaty role

23rd July 2019

Chubb's global multi-line reinsurance unit Chubb Tempest Re has hired Christopher Holland as a Vice President focused on casualty treaty underwriting in the United States, we've learned. Holland was most recently a Vice President at AXIS Capital's reinsurance unit, AXIS Re, based in New York and underwriting largely casualty treaty business. We ... Read the full article

Chubb recognises climate change reality, says Greenberg, pulls back from coal

1st July 2019

Chubb has become the latest major re/insurer to adopt a climate policy that aims to phase out its exposure to coal-related underwriting and investment. As part of the announcement, Evan G. Greenberg, Chairman and CEO of Chubb, said that the company “recognizes the reality of climate change and the substantial impact ... Read the full article

Lloyd’s in talks with Chubb & AIG as it looks to boost U.S growth

20th June 2019

Insurance and reinsurance market Lloyd's of London is conducting talks with major insurer insurers such as Chubb and AIG as it looks to further boost its growth in the U.S, according to reports Reuters. CEO John Neal told the publication that Lloyd’s was discussing potential opportunities for the insurers to sell ... Read the full article

Chubb renews global prop cat & terrorism reinsurance at April 1st

6th May 2019

Global insurer Chubb has disclosed the terms of its reinsurance buying at the April 1, 2019 renewals, which saw it renew both its global property catastrophe and terrorism coverages. The company explained that the global property cat program, which applies to its North American and International operations, was renewed with modest ... Read the full article

Chubb’s Tony Jordan joins AXIS Capital as Group Chief Actuary

2nd May 2019

AXIS Capital Holdings Limited has appointed global re/insurer Chubb's Tony Jordan as its new Group Chief Actuary, reporting to Peter Vogt, AXIS Capital's Group Chief Financial Officer (CFO). Based in the firm's London office, Jordan will be responsible for overseeing AXIS Capital's corporate actuarial function, which includes reserving functions, capital modelling ... Read the full article

Chubb CEO praises “best markets in years”, posts $1bn Q1 net income

1st May 2019

Evan Greenberg, Chairman and Chief Executive Officer of Chubb, has described US commercial, London wholesale and certain other international markets as the “best we have seen in a number of years.” His remarks come as the global insurer today posted a $1 billion net income for the first quarter of 2019, ... Read the full article

Chubb names Head of Financial Institutions UK & Ireland, Global Markets

10th April 2019

Chubb has named Jonathan Kennett as the new Head of Financial Institutions for the UK and Ireland and Chubb Global Markets, the firm's London Market wholesale and specialty division. The appointment is effective immediately and sees Kennett report to Matthew Shaw, Division President, Chubb Global Markets and Hilda Toh, Financial Lines ... Read the full article

Chubb handed permission to set up Myanmar life insurance subsidiary

9th April 2019

Global insurer Chubb has been revealed as one of the five foreign firms handed permission by the government of Myanmar to establish a 100% owned life insurance subsidiary within its borders. Other insurers given the green light include Japan’s Dai-ichi Life Insurance, Manufacturers Life Insurance Company Canada, AIA, and Prudential Hong ... Read the full article

Cyber criminals increasingly targeting SMEs: Chubb report

9th April 2019

Small and medium sized enterprises are increasingly falling victim to cyber attacks orchestrated by hackers able to take advantage of their sub-par security systems and processes, according to a report by global insurer Chubb. Ransomware attacks, which typically utilise malicious software to block a business' network until a ransom is paid, ... Read the full article

Chubb adds policy translation feature to Worldview platform

2nd April 2019

Chubb has announced the addition of new features and improved functionality to its proprietary digital Worldview platform in order to better serve its multinational clients and brokers. The most notable of these enhancements is a new policy translation solution that is powered by machine automated technology and exclusive to Chubb and ... Read the full article

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