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.
Abbott named Product Head Aviation for Chubb Global Markets
1st February 2022
Chubb has announced the appointment of Simon Abbott as Product Head Aviation for Chubb Global Markets (CGM), the company's London Market wholesale and specialty arm including its Lloyd's platform. In this role, Abbott will lead all aspects of the insurer's Aviation business, which is based in London and has hubs in ... Read the full article
Chubb names Connole as CFO, Overseas General Insurance
26th January 2022
Chubb has appointed Miriam Connole as Chief Financial Officer for Overseas General Insurance, the company's international general insurance operations, where she will have overall financial management responsibility for the company's commercial property and casualty, traditional and specialty personal lines. Connole will also have responsibility for the company’s accident and health insurance ... Read the full article
Chubb promotes Nathalie Meyer to President, Switzerland
21st January 2022
Global re/insurer Chubb has appointed Nathalie Meyer as Country President for Switzerland, where she will be responsible for Chubb's property and casualty, accident and health, and consumer lines operations across the country. Prior to this position, Meyer was the leader for Middle Market, SME and Industry Practices. She replaces Dawn Miller, outgoing ... Read the full article
Chubb North America makes leadership changes
19th January 2022
Global re/insurer Chubb has appointed Drew Spitzer as Treasurer of the company, where he will be responsible for all treasury-related functions. Spitzer currently serves as Chief Financial Officer for the company's North America Insurance, and will be succeeded by Kevin Harkin, currently the Senior Vice President, North America Financial Operations. Spitzer will ... Read the full article
Chubb names Pannala as Global Chief Information Officer
14th January 2022
Chubb Limited has announced the appointment of Shekar Pannala as Vice President, Chubb Group and Global Chief Information Officer. Formerly Executive Vice President, Global Technology, Pannala in his new role is responsible for the strategic direction and execution leadership of Chubb's global technology function across applications, operations and architecture as well ... Read the full article
Chubb names Julie Dillman as Digital Transformation Officer
13th January 2022
Chubb has announced the appointment of Julie Dillman as Executive Vice President, Chubb Group and Digital Transformation Officer, effective January 1, 2022. Thomas Kropp will also transition into Dillman’s previous role of Head of Operations and Technology. In her new role, Dillman will partner and work closely with Chubb's Chief Digital Business ... Read the full article
Chubb Group hires Bryce Johns as SVP and President of Chubb Life
5th January 2022
Global re/insurer Chubb has appointed Bryce Johns as Senior Vice President, Chubb Group and President of Chubb Life. He will join the company from HSBC, where he served most recently as Global CEO of HSBC Life and Insurance Partnerships. In his new role, which becomes effective in April, Johns will have executive ... Read the full article
Chubb supports debt-for-nature restructuring project in Belize
30th December 2021
Chubb is supporting the U.S. International Development Finance Corporation's (DFC) participation in a landmark debt restructuring and ocean conservation project in Belize. Chubb Global Markets and Sovereign Risk Insurance, along with other private insurers, provided $300 million of reinsurance to DFC in an innovative political risk insurance transaction designed to help ... Read the full article
Paul Johnstone named COO of Chubb Canada
29th December 2021
Global insurer Chubb has announced the promotion of Paul Johnstone to Chief Operating Officer (COO) of its Canadian operation, reporting to John Alfieri, President of Chubb Canada. In his new role, Johnstone assumes executive operating responsibility for the company's retail property and casualty insurance business, including its high-net-worth personal ... Read the full article
Chubb names two P&C appointments in North America
17th December 2021
Global insurance carrier Chubb has made two new appointments within its North America commercial property and casualty businesses, in a bid to strengthen its primary and excess casualty and multinational field organisations as well as key industry practices. Seth Gillston, Chubb's current Private Equity and Real Estate & Hospitality Industry Practice ... Read the full article
Chubb in $800m sex abuse settlement with Boy Scouts
14th December 2021
Global insurance carrier Chubb has announced that its subsidiaries have agreed to pay $800 million to the Boy Scouts of America (BSA) as a contribution towards a compensation trust for sex abuse survivors. The BSA filed for bankruptcy back in February 2020 after facing hundreds of individual lawsuits and at least ... Read the full article
Chubb names Fran O’Brien as Deputy Chief Risk Officer
10th December 2021
Chubb has announced the appointment of Fran O'Brien to the position of Deputy Chief Risk Officer. In this role, O'Brien will help support all Chubb's enterprise risk management activities including strategy, management framework and related processes across the company. Concurrently, Ana Robic, who currently serves as Chief Operating Officer, North America Personal ... Read the full article
Chubb names Janet Edey as Financial Lines Manager, UKISA
25th November 2021
Chubb has appointed Janet Edey, previously Management Liability Manager, Financial Lines for the UK, Ireland and South Africa (UKISA), as Financial Lines Manager for the unit. In this role, Edey will be responsible for managing and developing the growth of Chubb's Financial Lines business in UKISA. She will be based in London ... Read the full article
Chubb sees Q3 net income rise 54% despite $1bn+ of catastrophe losses
27th October 2021
U.S.-based insurer and reinsurer, Chubb, has announced strong net income of $1.83 billion for the third quarter of 2021, alongside an improved P&C underwriting performance in spite of higher losses from catastrophe events. Year-on-year, Chubb's net income increased by 53.5% in the third quarter of this year, while core operating income ... Read the full article
Chubb acquires Cigna A&H businesses for $5.75bn
8th October 2021
Global insurance carrier Chubb has agreed to acquire Cigna Corporation’s life, accident and supplemental benefits businesses in seven countries for a cash consideration of $5.75 billion. Chubb Chairman and CEO Evan G. Greenberg noted that Cigna’s business is “overwhelmingly A&H,” and will help to “rebalance” its global portfolio in the Asia ... Read the full article