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 isn’t running from reinsurance, would lean into property cat if liked the returns: CEO
25th October 2023
Evan Greenberg, Chief Executive Officer (CEO) of global insurer Chubb, has emphasised that the carrier is not shying away from the reinsurance business, but that it makes more sense for the company to grow its insurance property catastrophe-related exposure than on the reinsurance side. Chubb recently held its third quarter 2023 ... Read the full article
Chubb reports significant rise in net income as P&C underwriting profit swells in Q3
25th October 2023
Property and casualty insurer Chubb has reported net income and core operating income for Q3 2023 of $2.04 billion each, up 157.8% and 55.4%, respectively, as its P&C arm delivered a combined ratio of 88.4% with underwriting income of $1.31 billion. The P&C underwriting result improved significantly from the $710 million ... Read the full article
Chubb promotes McGregor to Head of Property in APAC & Japan
24th October 2023
Global property and casualty insurer Chubb has promoted Ben McGregor to Head of Property, Asia Pacific (APAC) and Japan for its general insurance business, effective 1 December 2023. McGregor will be based in Singapore and report directly to Paul McNamee, Regional President of APAC. He has a matrix reporting line to Aaron ... Read the full article
Chubb hires Gordon Mackechnie as its new Chief Technology Officer
5th October 2023
Property & Casualty insurance giant Chubb has appointed Gordon Mackechnie as its new Chief Technology Officer. A seasoned technology leader, Mackechnie joins Chubb following a seven year tenure at Deutsche Bank. In his most recent role at the firm, he served as Chief Technology Officer. Prior to that, he spent just under ... Read the full article
Middle market companies thriving amidst economic challenges: Chubb and NCMM
4th October 2023
The 2023 Mid-Year Middle Market Indicator, conducted by Chubb and the National Center for the Middle Market (NCMM), shows middle market companies thriving, with a record-high three-quarters reporting improved performance despite economic challenges. This positive trajectory is further substantiated by top-line growth over the past 12 months, overall employment expansion, and ... Read the full article
Chubb and SentinelOne partner to enhance cybersecurity for U.S. businesses
27th September 2023
In a strategic move aimed at bolstering cybersecurity practices for American businesses, Chubb, the world's largest publicly traded property & casualty insurance company, has embarked on a collaboration with SentinelOne, a renowned leader in the field of cybersecurity. This partnership marks a significant step forward in cyber risk management for Chubb's ... Read the full article
Janice Mo to lead Chubb’s general insurance operations in Korea
21st August 2023
Property and casualty insurance giant Chubb has appointed Janice (Jae-Kyung) Mo to Country President of the company's general insurance business in Korea, subject to regulatory approval. Mo's appointment is expected to be effective September 1, 2023. In her new role, she will report to Paul McNamee, Regional President, Asia ... Read the full article
Chubb survey reveals rapid growth in embedded insurance adoption
18th August 2023
A recent survey conducted by Chubb, the world's largest publicly traded property and casualty insurance company, has unveiled a significant shift in the global insurance landscape. The survey, titled "Banks and the Digital Wallet Race - The Embedded Insurance Strategy," involved 2,000 consumers and 200 finance leaders and was carried out ... Read the full article
Chubb appoints Edward Kopp as Regional President, Far East
17th August 2023
Global insurer Chubb has announced the appointment of Edward Kopp as Regional President, Far East. Currently, Kopp serves as the Country President of Chubb Korea. The appointment, subject to notification to local regulatory authorities, is expected to be effective on September 1st. Kopp will report to Juan Luis Ortega, Executive Vice ... Read the full article
Chubb announces senior appointments for Asia, Australia and NZ
11th August 2023
Property and casualty insurance giant Chubb has announced the appointments of dedicated and separate leadership to run its businesses in Asia and Australia & New Zealand, respectively. Chris Gough has been appointed as the Head of P&C for Asia. In his new role, he will report directly to Paul McNamee, Regional ... Read the full article
Dorothée Prunier named Head of Product Engagement and Services, Chubb Climate+
8th August 2023
Property and casualty insurer Chubb has announced the appointment of Dorothée Prunier as Head of Product Engagement and Services for the international operations of Chubb Climate+, effective immediately. Prunier will remain based in Paris and will continue to report to Mark Homan, Division President, International Property and Casualty for Overseas General ... Read the full article
Chubb promotes Neo to Head of Accident & Health for Asia Pacific
8th August 2023
Chubb has announced the appointment of Serene Neo as Head of Accident & Health (A&H) for Asia Pacific. In this new role, she will report to Ben Howell, Head of Consumer, Asia Pacific, and be responsible for the management, financial performance and growth of Chubb’s accident, health and travel portfolios. Neo joined ... Read the full article
Chubb renews global property cat reinsurance program with higher retention
31st July 2023
Global insurer Chubb successfully renewed its global property catastrophe reinsurance program at the April renewal for its North American and International operations, as well as its terrorism coverage, with "no material changes in coverage from the expiring program," although the retention has increased. Effective April 1st, 2023, through March 31st, 2024, ... Read the full article
Ben Carey returns to Chubb as Head of Field Operations, APAC
31st July 2023
Global property and casualty insurance company, Chubb, has announced the return of Ben Carey to its general insurance business as Head of Field Operations, Asia Pacific. The appointment will be effective in Q1 2024. The position is based in Singapore, and Carey will report to Paul McNamee, Regional President of Asia ... Read the full article
Chubb and HealthAtom partner to expand dental protection in Latin America
27th July 2023
Global re/insurer Chubb and HealthAtom, a Chilean healthtech, have announced an alliance to offer comprehensive dental healthcare in Latin America. Through the alliance, individual clients and corporate groups will have access to completely digital, comprehensive and easy-to-contract dental protection products. Chubb has stated that this “innovative digital insurance is built to optimize ... Read the full article