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 picks up DUAL Asia’s financial lines renewal rights
30th March 2022
Chubb has acquired the renewal rights of DUAL Asia’s financial lines portfolio in Hong Kong SAR and Singapore. According to the firm, it will be purchasing business assets that include intellectual property and underwriting models from DUAL. The firm said it also intends to hire DUAL’s underwriting personnel. Grant Cairns, regional head ... Read the full article
Carbon hires Turner from Chubb as Property Underwriter
29th March 2022
Carbon Underwriting Limited (Carbon), the specialist, independent managing general underwriter (MGU) and Lloyd’s syndicate has announced the appointment of Claire Turner, who will join the company as a Property Underwriter. Turner joins Carbon after working for 25 years at global insurer Chubb. Her most recent position at the company was underwriting ... Read the full article
Chubb makes appointments to US commercial leadership
11th March 2022
Chubb has made two appointments to its commercial leadership team within the US. In a statement, the company said it had appointed Ketan Vaidya to be the division president of North America small commercial insurance. He will also work closely with Chubb's digital business teams with matrix reporting to Sean Ringsted, ... Read the full article
Middle market labour shortage among other business challenges: Chubb
1st March 2022
According to new data from Chubb and the National Center for the Middle Market's (NCMM) 2021 Year-End Middle Market Indicator, 35% of middle market firms rank increased risks among the top three most difficult aspects of running their business in the current environment. Ben Rockwell, Division President, Chubb Middle Market explained: ... Read the full article
Chubb’s P&C underwriting income hits record high in 2021
2nd February 2022
Global insurer Chubb has reported net income of $2.14 billion for the fourth quarter of 2021, as the company's property and casualty (P&C) underwriting income hit a record $1.27 billion with a combined ratio of 85.5%. Year-on-year, Q4 net income actually fell by 11.5% from the prior year period, as core ... Read the full article
Abbott named Product Head Aviation for Chubb Global Markets
1st February 2022
Chubb has announced the appointment of Simon Abbott as Product Head Aviation for Chubb Global Markets (CGM), the company's London Market wholesale and specialty arm including its Lloyd's platform. In this role, Abbott will lead all aspects of the insurer's Aviation business, which is based in London and has hubs in ... Read the full article
Chubb names Connole as CFO, Overseas General Insurance
26th January 2022
Chubb has appointed Miriam Connole as Chief Financial Officer for Overseas General Insurance, the company's international general insurance operations, where she will have overall financial management responsibility for the company's commercial property and casualty, traditional and specialty personal lines. Connole will also have responsibility for the company’s accident and health insurance ... Read the full article
Chubb promotes Nathalie Meyer to President, Switzerland
21st January 2022
Global re/insurer Chubb has appointed Nathalie Meyer as Country President for Switzerland, where she will be responsible for Chubb's property and casualty, accident and health, and consumer lines operations across the country. Prior to this position, Meyer was the leader for Middle Market, SME and Industry Practices. She replaces Dawn Miller, outgoing ... Read the full article
Chubb North America makes leadership changes
19th January 2022
Global re/insurer Chubb has appointed Drew Spitzer as Treasurer of the company, where he will be responsible for all treasury-related functions. Spitzer currently serves as Chief Financial Officer for the company's North America Insurance, and will be succeeded by Kevin Harkin, currently the Senior Vice President, North America Financial Operations. Spitzer will ... Read the full article
Chubb names Pannala as Global Chief Information Officer
14th January 2022
Chubb Limited has announced the appointment of Shekar Pannala as Vice President, Chubb Group and Global Chief Information Officer. Formerly Executive Vice President, Global Technology, Pannala in his new role is responsible for the strategic direction and execution leadership of Chubb's global technology function across applications, operations and architecture as well ... Read the full article
Chubb names Julie Dillman as Digital Transformation Officer
13th January 2022
Chubb has announced the appointment of Julie Dillman as Executive Vice President, Chubb Group and Digital Transformation Officer, effective January 1, 2022. Thomas Kropp will also transition into Dillman’s previous role of Head of Operations and Technology. In her new role, Dillman will partner and work closely with Chubb's Chief Digital Business ... Read the full article
Chubb Group hires Bryce Johns as SVP and President of Chubb Life
5th January 2022
Global re/insurer Chubb has appointed Bryce Johns as Senior Vice President, Chubb Group and President of Chubb Life. He will join the company from HSBC, where he served most recently as Global CEO of HSBC Life and Insurance Partnerships. In his new role, which becomes effective in April, Johns will have executive ... Read the full article
Chubb supports debt-for-nature restructuring project in Belize
30th December 2021
Chubb is supporting the U.S. International Development Finance Corporation's (DFC) participation in a landmark debt restructuring and ocean conservation project in Belize. Chubb Global Markets and Sovereign Risk Insurance, along with other private insurers, provided $300 million of reinsurance to DFC in an innovative political risk insurance transaction designed to help ... Read the full article
Paul Johnstone named COO of Chubb Canada
29th December 2021
Global insurer Chubb has announced the promotion of Paul Johnstone to Chief Operating Officer (COO) of its Canadian operation, reporting to John Alfieri, President of Chubb Canada. In his new role, Johnstone assumes executive operating responsibility for the company's retail property and casualty insurance business, including its high-net-worth personal ... Read the full article
Chubb names two P&C appointments in North America
17th December 2021
Global insurance carrier Chubb has made two new appointments within its North America commercial property and casualty businesses, in a bid to strengthen its primary and excess casualty and multinational field organisations as well as key industry practices. Seth Gillston, Chubb's current Private Equity and Real Estate & Hospitality Industry Practice ... Read the full article
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