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 promotes Jeffrey Updyke to VP role
29th September 2020
Global re/insurer Chubb has named Jeffrey Updyke Vice President, Chubb Group and Division President, Chubb Small Business. Updyke will have executive operating responsibility for Chubb's retail insurance business that serves small commercial clients in the US and Canada. He will oversee all facets of the business including strategy, product and business development, ... Read the full article
Chubb appoints Robert Poliseno to COO role
29th September 2020
Global re/insurer Chubb has announced the appointment of Robert Poliseno as Chief Operating Officer, North America Field Operations. Poliseno succeeds Jeffrey Updyke, who has been named head of Chubb's North America Small Business segment. He will oversee delivery of Chubb's full portfolio of personal and commercial insurance products and services to agent ... Read the full article
Chubb appoints Diego Sosa as Regional President for Far East
11th September 2020
Chubb Limited has announced that Diego Sosa has been named Regional President for the Far East. Sosa is currently serving as Chief Operating Officer for Chubb in Brazil but will have full overall responsibility for the management and business results of Chubb's general insurance operations in Japan. Sosa will be succeeding Read the full article
Chubb launches new digital distribution platform
10th September 2020
Global re/insurer, Chubb has announced the launch of Chubb StudioSM, a new platform that aims to streamline the distribution of the company’s insurance products through its partners' digital channels around the world. Chubb believes the system will benefit its partners in retail, e-commerce, banking, fintech, airline, telecommunications and other industries by ... Read the full article
Chubb is “leaning into” reinsurance firming: CEO Greenberg
17th August 2020
Global re/insurer Chubb is "leaning into" the reinsurance business opportunity as rates firm, according to its CEO Evan Greenberg. In the current hardening market environment global players like Chubb are upsizing on their reinsurance underwriting portfolios to capitalise on improved and more risk-adequate rates. Speaking during his firms second-quarter earnings call recently, ... Read the full article
Chubb appoints Paul Krump & John Lupica to new leadership roles
13th August 2020
Chubb has announced the appointments of Paul Krump as Vice Chairman, Global Underwriting and Claims, and John Lupica as President, North America Insurance Operations. Krump currently serves as Executive Vice President, Chubb Group and President, North America Commercial and Personal Insurance, while Lupica is Vice Chairman, Chubb Group and President, North ... Read the full article
Chubb hires new Deputy General Counsel for Global Corporate Affairs
10th August 2020
Chubb has announced that Gina Rebollar has been appointed as Deputy General Counsel, Global Corporate Affairs, effective immediately. In her new role, Rebollar will lead the company's global corporate affairs team with responsibility for legal matters related to global corporate, corporate finance, mergers and acquisitions, asset management and intellectual property. She will ... Read the full article
Chubb adjusts Asia Life and General Insurance management
5th August 2020
Insurer and reinsurer, Chubb, has announced management changes to its Life and General Insurance Operations in Asia. As the largest shareholder, Chubb currently owns 46.2% of Huatai Group and has also agreed to the purchase of an additional 7.1% of the company which would ultimately give Chubb majority ownership. The holding company ... Read the full article
Chubb reports $331mn net loss for Q2
29th July 2020
Insurer and reinsurer Chubb has reported a net loss of $331 million for the second-quarter of 2020, compared with net income of more than $1.1 billion in the same period last year, as net catastrophe losses reached $1.51 billion as a result of the COVID-19 pandemic. As previously announced, Chubb's ... Read the full article
Chubb announces new leadership appointments
27th July 2020
Global insurer Chubb has announced leadership appointments in its North America Westchester and Financial Lines businesses. The property and casualty insurer has announced that Scott Meyer will succeed Bruce Kessler as Senior Vice President, Chubb Group and Division President of Westchester. Through its brokerage, binding and programs segments, Meyer will have executive ... Read the full article
Chubb reveals integration of North America A&H units
23rd July 2020
Chubb has appointed Chris Martin, current President of Chubb Workplace Benefits, as Division President of Chubb North America Accident and Health, effective immediately. The appointment of Martin comes as the insurer and reinsurer announces the integration of its North America Accident and Health Businesses to better serve the needs of today's ... Read the full article
Chubb names Stapleton as EVP, Financial Lines, Overseas General Insurance
22nd July 2020
Global re/insurer Chubb has appointed Tim Stapleton, currently Senior Vice President, Cyber Insurance and Information Technology, Overseas General Insurance, as Executive Vice President, Financial Lines, Overseas General Insurance. Stapleton takes over from Steve Goldman, who has recently been named Vice President, Chubb Group and Division President, North America Financial Lines. In his ... Read the full article
Chubb names General Counsel for Government & Industry Affairs
16th July 2020
Global insurer and reinsurer Chubb has announced the appointment of John Fielding as Senior Vice President, General Counsel, Global Government and Industry Affairs. In this role, Fielding will provide legal, regulatory and policy guidance and advice to Chubb's state, federal and international government affairs team. He will coordinate advocacy throughout Chubb’s government ... Read the full article
Chubb proposes $1.15tn state-backed pandemic BI scheme
9th July 2020
Global insurer and reinsurer Chubb has put forward a proposal for a public-private partnership program to provide business interruption (BI) cover for all kinds of US business ahead of the next pandemic. The company envisions the scheme’s total capacity at around $1.15 trillion, consisting of an aggregate limit of $750 billion ... Read the full article
Chubb reports Q2 cat losses of $1.8bn; COVID-19 hit of $1.37bn
7th July 2020
Global insurer and reinsurer Chubb has announced that the impacts of the COVID-19 pandemic, combined with severe weather-related events and civil unrest in the U.S., has resulted in global net catastrophe losses of $1.807 billion (pre-tax) for the second-quarter of 2020. Chubb reveals that its Q2 catastrophe loss estimates include COVID-19 ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
