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 names Grant Cairns as Head of P&C for Asia Pacific
22nd November 2019
Global insurance and reinsurance company Chubb has announced the appointment of Grant Cairns as Head of Property & Casualty (P&C) for Asia Pacific. He will succeed Jason Keen, who has been appointed as Division President for Chubb Global Markets, effective early 2020. Cairns is currently Chubb’s Head of Financial Lines for ... Read the full article
Chubb appoints Jason Keen to lead global markets division
14th November 2019
Global re/insurer Chubb has announced the appointment of Jason Keen as president of its global markets division, effective early 2020. Keen will oversee and lead the strategy and performance of the division, which comprises Chubb’s London market wholesale and specialty business including the firm's Lloyd’s platform. He has served with the firm ... Read the full article
Chubb income down 11% in Q3 despite underwriting improvements
30th October 2019
Global insurer and reinsurer Chubb has posted an 11.4% reduction in net income for the third quarter of 2019, despite significant improvements to its property and casualty (P&C) underwriting. Net income was recorded at $1.1 billion, compared with $1.2 billion for Q3 2018. Chubb explained that the figure was unfavourably impacted by ... Read the full article
Jonathan Poole joins Chubb as Head of Middle Market for UK & Ireland
24th October 2019
Global insurer and reinsurer Chubb has announced that Jonathan Poole is to join the company as Head of Middle Market for the UK and Ireland, effective January 6, 2020. He will arrive from Tokio Marine, where he currently serves as Head of Operations for Tokio Marine Kiln Insurance (TMKI), which was ... Read the full article
State Farm & Berkshire maintain status as top US P&C insurers
24th October 2019
State Farm and Berkshire Hathaway Specialty Insurance maintained their spots as the largest and second-largest U.S. Property and Casualty (P&C) writers in 2018, respectively, while Chubb INA Group entered the top ten. This is according to the Reinsurance News directory of the Top 100 U.S. P&C ... Read the full article
Ransomware cyber attacks on the rise, warns Chubb
24th October 2019
On the back of a significant increase from 2017 to 2018, the volume of ransomware cyber attacks in the first-half of 2019 has already outpaced the total number of claims witnessed in the whole of 2018, according to global insurer and reinsurer Chubb. The significant increase witnessed in the first-half of ... Read the full article
Chubb names Joe Vasquez as President of Combined Insurance
2nd October 2019
Global insurer and reinsurer Chubb has announced the appointment of Joe Vasquez as President of Combined Insurance, effective immediately. Vasquez was previously Senior Vice President at Chubb Group and head of the company’s global accident and health insurance business. In his new position, he succeeds Kevin Goulding, who is set to retire ... Read the full article
Louis Hobson to lead Chubb’s North America Flood Insurance division
24th September 2019
Insurer and reinsurer Chubb has appointed Louis Hobson as Senior Vice President (SVP) of Flood Insurance for North America, based in Chicago and reporting to Derek Talbott, Division President of Chubb's North America Property & Specialty Lines. In this role, Hobson will work alongside the firm's personal and commercial lines of ... Read the full article
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
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.
