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 Bermuda promotes David Jenkins to Head of Bermuda Property
1st April 2025
Chubb Bermuda, part of the global insurance carrier, has promoted David Jenkins to the role of Senior Vice President (SVP), Head of Bermuda Property, effective immediately. In his new role, Jenkins will oversee all Bermuda-domiciled property underwriters and be responsible for driving the growth and profitability of Chubb Bermuda's excess property ... Read the full article
Public needs greater certainty of insurance availability: Chubb CEO Greenberg
14th March 2025
The public needs greater certainty regarding insurance availability, and that begins with regulation that supports an adequate price for the risk, says Evan G. Greenberg, Chairman and CEO of Chubb Group, in his recent Letter to Shareholders. Growing natural catastrophe risks are a persistent problem for society. Greenberg noted that both ... Read the full article
Poliseno to lead Chubb’s newly created North America Small & Lower Midmarket division
12th March 2025
Global insurer Chubb has created the North America Small & Lower Midmarket division, with Rob Poliseno as Division President and Jason Ranucci as Chief Operating Officer. The new division falls within Chubb’s North America Middle Market organisation, combining the insurer’s Lower Middle Market and Digital Small Business divisions into a single ... Read the full article
Chubb to acquire Liberty Mutual’s P&C insurance operations in Thailand and Vietnam
3rd March 2025
Global insurance carrier Chubb Limited has entered into agreements to acquire LMG Insurance in Thailand and Liberty Insurance in Vietnam, Liberty Mutual’s property and casualty (P&C) insurance businesses in Thailand and Vietnam. The two companies being acquired by large insurer Chubb offer a range of consumer and commercial P&C products, including ... Read the full article
Chubb names Lynch SVP, Sales & Distribution Leader for North America A&H
28th February 2025
Global insurer Chubb has announced the appointment of Megan Lynch as Senior Vice President, Sales & Distribution Leader for North America Accident and Health (A&H), effective March 3, 2025. Lynch’s new role will include heading sales and distribution initiatives to expand the North America A&H business. She will collaborate with business ... Read the full article
Chubb announces leadership changes in EMEA and North America
26th February 2025
Global insurer Chubb has announced that Ana Robic, Division President of Personal Risk Services (PRS), North America, has been appointed Regional President of Europe, Middle East, and Africa (EMEA), succeeding David Furby, who has been named Executive Chairman, both effective April 1, 2025. Robic has been with Chubb for 25 years. ... Read the full article
Codispoti to lead Chubb’s Excess Casualty for Major Accounts team
14th February 2025
Global insurer Chubb has announced the appointment of Sam Codispoti as Executive Vice President of Major Accounts Excess Casualty, effective immediately. In his new role, Codispoti will lead Chubb's Excess Casualty division, setting its strategic direction and overseeing operations. he will be responsible for developing and implementing customised ... Read the full article
LMG adds Chubb’s David Kirk to Board as IUA representative
12th February 2025
David Kirk, Division President of Chubb Global Markets, has joined the London Market Group (LMG) board as a representative of the International Underwriting Association (IUA). Kirk succeeds David Furby, Senior Vice President of Chubb Group and Regional President for Europe, the Middle East, and Africa. Kirk has been with Chubb for nearly ... Read the full article
Chubb names Gillston as EVP, Head of Global Casualty for Major Accounts NA
5th February 2025
Global insurer Chubb has named Seth Gillston as Executive Vice President (EVP), Head of Global Casualty for Major Accounts in North America (NA), as Lou Capparell transitions to the role of Chairman of Global Casualty. Capparell joined the firm in 2002 and has held his previous role since 2017. Gillston will be ... Read the full article
Chubb’s Westchester forms three new business practices and announces new leaders
30th January 2025
Global insurer Chubb recently announced the formation of three new business practices (Property, Casualty, and Financial Lines) within its Excess and Surplus Lines Division Westchester. This move aims to strengthen Westchester's service to its Digital and Middle Market, Brokerage, and Programs businesses. The company also announced the appointment of three new leaders ... Read the full article
Chubb estimates $1.5bn loss from LA wildfires amid reduced California exposure
29th January 2025
During insurer Chubb Limited’s fourth-quarter 2024 earnings call, Chairman and CEO Evan Greenberg confirmed that the company expects $1.5 billion in net pre-tax losses from the recent Los Angeles, California wildfires. Despite the scale of the losses, Greenberg does not anticipate a broader impact on property insurance pricing, emphasising that overall ... Read the full article
Chubb reports record $9.27bn net income for 2024 with P&C CoR of 86.6%
29th January 2025
Global property and casualty insurer Chubb has reported a record net income of $9.27 billion for 2024, with a P&C combined ratio of 86.6%. The firm's P&C underwriting income for full-year 2024 was a record $5.85 billion, up 7.1% from 2023. Chubb additionally disclosed that total 2024 pre-tax and after-tax P&C catastrophe ... Read the full article
Chubb names Stapleton CUO & Neu EVP, Financial Lines, Overseas General Insurance
27th January 2025
Global property and casualty insurer Chubb has announced two key leadership appointments within its Overseas General Insurance (COG) business, Tim Stapleton as Chief Underwriting Officer (CUO) and Jason Neu as Executive Vice President (EVP), Financial Lines. As CUO of COG, a newly created role, Stapleton will be responsible for advancing the ... Read the full article
89% of executives plan to expand cyber insurance for technological vulnerabilities: Chubb
10th January 2025
Cybersecurity and technological disruption are identified as the top threats to business growth, with over 89% of executives planning to expand their cyber insurance coverage to address increasing technological vulnerabilities, according to a report by Chubb. The findings come from a Harris Poll survey of 500 business leaders involved in risk ... Read the full article
Chubb’s Westchester promotes Nick Gatt to Head of Programs
19th December 2024
Chubb’s excess and surplus lines division, Westchester, has promoted Nick Gatt, formerly Chief Operating Officer (COO) for Westchester Programs, to Head of the division. In the new role, he reports to Dave Lupica, Division President of Westchester. Gatt will oversee strategy, underwriting and profitability for the organization. Gatt succeeds Franklin Sanders, who has ... Read the full article
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