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 Howell to lead Consumer business in Asia Pacific
14th November 2022
Global insurer, Chubb has promoted Ben Howell to Regional Head of Consumer, APAC for its general insurance business in the Asia Pacific region. Currently, Howell serves as Regional Head of Accident & Health (A&H) for Asia Pacific at Chubb. Within this new role, he will be responsible for the financial performance of ... Read the full article
Chubb Studio expands tech features
7th November 2022
Chubb has announced that its global integration platform, Chubb Studio, has introduced new features that can embed insurance into the digital environments of its distribution partners more easily. The platform's three new features provide Chubb's distribution partners with access to Chubb-developed software development kits (SDKs) that enable the company's partners to ... Read the full article
Chubb hires Turberville from AGCS to lead Hull for Global Markets division
3rd November 2022
Chris Turberville has decided to leave Allianz Global Corporate & Specialty (AGCS) to join global insurer Chubb as its new Head of Hull for Chubb Global Markets, the firm's London Market wholesale and specialty business including its Lloyd's platform. In his new role, Turberville assumes responsibility for the management, oversight, and ... Read the full article
Chubb sees net income plummet in Q3 2022
26th October 2022
Chubb is reporting that its net income in Q3 2022 was $812m, down from $1.83bn in Q3 2021. The firm is also reporting that net income between the two periods fell from $6.4bn to $4bn. It said that net income in the quarter was adversely impacted by realized losses of $502m ... Read the full article
Chubb names Bill Hazelton Head of North America Industry Practices
20th October 2022
P&C insurance company Chubb has appointed Bill Hazelton as Executive Vice President, Head of North America Industry Practices. In this newly created role Hazelton will focus on providing extensive industry-focused insurance coverages, risk engineering and claims services to customers across targeted practices in North America. These include Real Estate & Hospitality, ... Read the full article
Top 20 U.S. cyber insurers all saw premium growth in 2021
6th October 2022
Of the approximately $4.8 billion of U.S. cyber insurance premiums underwritten in 2021 by the property & casualty (P&C) industry, more than 81% came from the top 20 cyber insurers in the U.S. marketplace, led by global insurer Chubb. Based on research data from rating agency AM Best, ... Read the full article
Younger generations more predisposed to professional advice on insurance: Chubb
27th September 2022
A new report from Chubb posits that younger generations are more enamoured of taking advice from insurance brokers and agents than those preceding them. According to Chubb, 46% of Gen Z and 43% of Millennials wish for their agent or broker to advise them on insurance-related matters. This is a sharp ... Read the full article
Blink by Chubb launches new income protection insurance
20th September 2022
Blink by Chubb has announced the launch of Blink Paycheck – a new income protection insurance product that can help keep consumers’ lives on track when they are sick or injured and unable to work. The new product is currently available in 37 states and provides benefits of up to $2,500 per month ... Read the full article
Chubb appoints President of Consumer Lines for EMEA
19th August 2022
Global insurer Chubb has announced the appointment of Chris Eappariello as President of Consumer lines for the insurer’s Europe, Middle East and Africa (EMEA) region. Eappariello will be responsible for a newly created regional segment which comprises Chubb's Specialty Personal Lines (SPL), Accident and Health (A&H) affinity, consumer travel and direct ... Read the full article
Chubb’s Combined Insurance appoints VP of Distribution, Canada
18th August 2022
Chubb’s Combined Insurance has appointed Michael Milos as Vice President of Distribution Expansion for Combined’s Canadian branch. He is based at Combined’s Markham, Ontario offices. As Vice President of Distribution Expansion Milos will be instrumental in diversifying the organization’s distribution strategies, as well as strengthening and forming new relationships in the broker ... Read the full article
Chubb announces new Senior Underwriter General Aviation for global markets
16th August 2022
Global insurer Chubb has announced the appointment of Martin Audis as Senior Underwriter General Aviation for Chubb Global Markets (CGM). Audis joins Chubb from Nexus Underwriting Limited, where he was a Senior Aviation Underwriter for six years. Before that, Martin was a Senior Aviation Underwriter at Starr Underwriting Agencies. In his new ... Read the full article
AXA tops list of largest EU insurers ranked by GPW
1st August 2022
When ranked by gross premiums written (GPW) in 2020, AXA tops the list of the largest European insurance companies with USD 115.3 billion. The insurer also recorded USD 80 billion of capital & surplus from 2020. Based on research data from ratings agency AM Best, our directory ... Read the full article
Chubb sees record earnings despite net income fall
27th July 2022
Global insurer Chubb has reported net income of $1.22 billion for the second quarter of 2022, after falling from $2.27 billion in the previous year. According to the insurer the net income in the quarter was adversely impacted by realised losses of $565mn after tax, principally due to the mark-to-market impact ... Read the full article
Top US P&C underwriters saw robust premium growth in 2021
18th July 2022
The top 10 U.S. property & casualty (P&C) underwriters, based on net premiums written, remained unchanged in 2021 when compared with the previous years, while Munich Re Americas moved four places to 15th, making it the highest ranked reinsurer on the list. Our directory of the Top ... Read the full article
Chubb appoints Natalie Chiaramonte Division President of Sovereign Risk
12th July 2022
Natalie Chiaramonte has been named Division President of Sovereign Risk Insurance Limited, a Chubb company dealing in political risk insurance and reinsurance. In her new role, Chiaramonte will have executive operating responsibility for the company, which provides political risk and sovereign credit insurance to commercial and investment banks, exporters, multinational corporations, ... Read the full article