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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 appoints Richard Shanks as Claims Director for UK&I

4th March 2021

Global re/insurer Chubb has announced the appointment of Richard Shanks as Claims Director for the UK and Ireland (UK&I). In his new role, Shanks will be responsible for the delivery of Chubb's claims service across the UK&I. He succeeds John Latter who was recently promoted to Senior Vice President, Claims Director for ... Read the full article

Chubb launches Blink digital product suite

24th February 2021

Global re/insurer Chubb has launched Blink, a new suite of consumer insurance products that will be offered via its affinity and digital broker partners. The first Blink product is personal cyber protection, currently available across 25 US states. "Consumers will have the ability to select coverage options they need now, at their ... Read the full article

Chubb hires two for North America Financial Lines

12th February 2021

Global re/insurer Chubb has announced two new leadership appointments for its North America Financial Lines division. Michael Mollica, Executive Vice President, has been appointed to lead Chubb's Private/Not-For-Profit Management Liability business within the North America Financial Lines. Mollica will be succeeding Leigh Anne Sherman, who has been appointed Division President of ... Read the full article

Aon & Chubb launch digital insurance platform for SMEs in France

11th February 2021

Global insurance and reinsurance broker Aon has partnered with Chubb to provide small and medium-sized businesses in France with an efficient means to understand coverage options and purchase insurance online. The new digital Aon platform in France is powered by the broker's CoverWallet company, offers more than 10 insurance products from ... Read the full article

Chubb promotes Parmar & Crosby to senior reinsurance roles

10th February 2021

Chubb has announced the appointments of Sunil Parmar and Alexander to leadership positions within the Reinsurance team at Chubb Overseas General, its international general insurance business. Parmar and Crosby, who have been jointly promoted to the role of Senior Reinsurance Officer, Chubb Overseas General (COG), will now co-lead Chubb’s Ceded Reinsurance ... Read the full article

Chubb creates new energy team for Global Markets

10th February 2021

Global re/insurer Chubb has created a new energy team in Chubb Global Markets (CGM), which will underwrite large corporate energy customers in EMEA, Asia Pacific and Latin America. CGM comprises Chubb's London market wholesale and specialty business including the company's Lloyd's platform. Middle market energy customers' risks will continue to be underwritten ... Read the full article

Chubb promotes Leigh Anne Sherman to Division President of ESIS

9th February 2021

Global re/insurer Chubb has appointed Leigh Anne Sherman as Division President of ESIS, based in New York and reporting to Matt Merna, Senior Vice President, Chubb Group and Division President, Chubb North America Major Accounts. Sherman will take over ... Read the full article

Chubb’s Q4 net income rises to $2.42bn

3rd February 2021

Global re/insurer Chubb has reported a 2020 fourth quarter net income of $2.42 billion, up from $1.17 billion in the prior year quarter. Meanwhile, core operating income was $1.44 billion versus $1.04 billion prior year. Q4 pre-tax catastrophe losses were $314 million compared with $430 million in the prior year period. P&C underwriting ... Read the full article

Chubb makes two senior leisure travel appointments

21st January 2021

Global re/insurer Chubb has named Shane Guerin as Head of Travel for UK and Ireland, and Ruben Rivero as Head of Travel for Continental Europe. Guerin currently serves as Accident and Health Manager for Ireland, and now takes on the additional responsibilities for the strategic development and growth of the firm's ... Read the full article

Chubb names HSBC’s Enns as CFO as Bancroft announces retirement

15th January 2021

The Executive Vice President (EVP) and Chief Financial Officer (CFO) of Chubb Group, Philip Bancroft, is to retire from the company after 19 years of service and will be succeeded by HSBC's Peter Enns. Bancroft will retire from Chubb on July 1st, 2021 and is expected to remain with the re/insurer ... Read the full article

Chubb names Michael Kessler division president of cyber risk insurance

14th January 2021

Global re/insurer Chubb has announced the appointment of Michael Kessler as division president of its cyber risk insurance business. Currently serving as a vice president and chief reinsurance officer, Kessler will now oversee all facets of the business including strategy, product and business development, underwriting and service operations. He reports to Paul Krump, ... Read the full article

Chubb selects Jeremiah Konz as new Chief Reinsurance Officer

13th January 2021

Property and casualty insurer Chubb has announced that Jeremiah Konz, currently Executive Vice President, Reinsurance Officer for Chubb Overseas General, has been appointed as the company's new Chief Reinsurance Officer, effective immediately. Konz takes over from Michael Kessler, who Chubb recently named Division President of its global cyber risk insurance operation. In ... Read the full article

Chubb announces new Climate Sustainability Manager

31st December 2020

Global re/insurer Chubb has appointed Alexandra Waldman as Climate Sustainability Manager. In this newly created global role, Waldman will help to identify and implement opportunities for climate-related products and services as well as encourage employee engagement in climate sustainability issues. She will also be in charge of establishing a framework against which ... Read the full article

Chubb promotes leaders within CGM unit

29th December 2020

Global re/insurer Chubb has announced leadership promotions to its professional indemnity teams for Chubb Global Markets (CGM). Steve Driscoll has been appointed Head of Professional Indemnity for CGM and also for the United Kingdom & Ireland. Meanwhile, Benjamin Rowley has been promoted to Head of U.S. Professional Indemnity at CGM. Both appointments ... Read the full article

Chubb enhances D&O, fiduciary insurance offerings

23rd December 2020

Global insurer Chubb has announced enhancements to its Directors & Officers and entity securities liability as well as its fiduciary liability primary insurance offerings. Improvements are aimed at helping companies dealing with a range of management liability risks. Chubb says the move reinforces its commitment to providing solutions that address multiple exposures, ... Read the full article

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