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 announces senior appointments for Asia, Australia and NZ
11th August 2023
Property and casualty insurance giant Chubb has announced the appointments of dedicated and separate leadership to run its businesses in Asia and Australia & New Zealand, respectively. Chris Gough has been appointed as the Head of P&C for Asia. In his new role, he will report directly to Paul McNamee, Regional ... Read the full article
Dorothée Prunier named Head of Product Engagement and Services, Chubb Climate+
8th August 2023
Property and casualty insurer Chubb has announced the appointment of Dorothée Prunier as Head of Product Engagement and Services for the international operations of Chubb Climate+, effective immediately. Prunier will remain based in Paris and will continue to report to Mark Homan, Division President, International Property and Casualty for Overseas General ... Read the full article
Chubb promotes Neo to Head of Accident & Health for Asia Pacific
8th August 2023
Chubb has announced the appointment of Serene Neo as Head of Accident & Health (A&H) for Asia Pacific. In this new role, she will report to Ben Howell, Head of Consumer, Asia Pacific, and be responsible for the management, financial performance and growth of Chubb’s accident, health and travel portfolios. Neo joined ... Read the full article
Chubb renews global property cat reinsurance program with higher retention
31st July 2023
Global insurer Chubb successfully renewed its global property catastrophe reinsurance program at the April renewal for its North American and International operations, as well as its terrorism coverage, with "no material changes in coverage from the expiring program," although the retention has increased. Effective April 1st, 2023, through March 31st, 2024, ... Read the full article
Ben Carey returns to Chubb as Head of Field Operations, APAC
31st July 2023
Global property and casualty insurance company, Chubb, has announced the return of Ben Carey to its general insurance business as Head of Field Operations, Asia Pacific. The appointment will be effective in Q1 2024. The position is based in Singapore, and Carey will report to Paul McNamee, Regional President of Asia ... Read the full article
Chubb and HealthAtom partner to expand dental protection in Latin America
27th July 2023
Global re/insurer Chubb and HealthAtom, a Chilean healthtech, have announced an alliance to offer comprehensive dental healthcare in Latin America. Through the alliance, individual clients and corporate groups will have access to completely digital, comprehensive and easy-to-contract dental protection products. Chubb has stated that this “innovative digital insurance is built to optimize ... Read the full article
Chubb reports “record” Q2 as net income jumps 50.7% to $1.79bn
26th July 2023
Chubb has reported that Q2 net income jumped 50.7% to $1.79 billion compared to the same quarter last year, while P&C underwriting income was $1.43 billion with a combined ratio of 85.4%, in what Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb described as, "another simply outstanding quarter." Chubb's ... Read the full article
Chubb promotes Adrian Habils to Head of Property for Asia
24th July 2023
Property and casualty insurer, Chubb has announced the promotion of Adrian Habils to Head of Property, Asia for its general insurance business. Habils currently serves as the Deputy Property Manager for Chubb in Australia & New Zealand. He will have an interim reporting line to Paul McNamee, the Regional President of Asia ... Read the full article
Barnett Waddingham advises Chubb Trustees to insure £1bn of liabilities with Standard Life
7th July 2023
Barnett Waddingham (BW), a leading independent UK professional services consultancy across risk, pensions, investment and insurance, advised Chubb Trustees to insure £1 billion of liabilities with Standard Life. According to the announcement, the buy-ins were agreed with Standard Life (part of Phoenix Group) in June 2023, with benefits being insured for ... Read the full article
Chubb promotes Benson to Chief Revenue Officer, Commercial Insurance
5th July 2023
Tim Benson has been promoted to the role of Chief Revenue Officer - Commercial Insurance at global re/insurer Chubb. A highly experienced veteran across the industry, Benson has worked for Chubb for over 18 years. In his most recent role, he served as Executive Vice President - Analytics and Sales Enablement. Prior ... Read the full article
Chubb promotes Zelda Mostert to Country President for South Africa
30th June 2023
Global re/insurer Chubb announced the promotion of Zelda Mostert to the position of Country President for South Africa. Mostert, currently serving as Chief Financial Officer for the region, will take on the new role with effect from July 1. As Country President, Mostert will assume responsibility for managing the performance, strategy, and ... Read the full article
Chubb expands Michael O’Donnell’s remit to COO of Global Re
23rd June 2023
Global re/insurer Chubb has announced the appointment of Michael O'Donnell as the Chief Operating Officer (COO) of Global Reinsurance, effective immediately. O'Donnell will continue to report to Jim Wixtead, Senior Vice President, Chubb Group and President, Chubb Tempest Re. Currently, he serves as Division President of Chubb Tempest Re USA. In his new ... Read the full article
Chubb launches Cyber Central, its new quoting platform
14th June 2023
Chubb has launched Cyber Central, an innovative quoting platform designed for agents and brokers who specialize in cyber risks. The cutting-edge platform simplifies and enhances the process of quoting and issuing Cyber, Technology E&O, and Miscellaneous Professional Liability coverages on a stand-alone basis. William A. Wise, Executive Vice President of Chubb's North ... Read the full article
Senate Budget Committee launches investigation into insurance companies’ climate risk evaluation, fossil fuel support
12th June 2023
The Senate Budget Committee, led by Senator Whitehouse (D-RI), alongside Senators Wyden (D-OR) and Sanders (I-VT), initiated an investigation into the evaluation of climate-related risks by major U.S. insurance companies. The committee seeks to understand why these companies continue to support and underwrite fossil fuel expansion projects that contribute to climate ... Read the full article
US insurance companies fail proxy season’s climate test: Insure Our Future
7th June 2023
U.S insurance companies Chubb, The Hartford, and Travelers and their largest shareholders failed this proxy season’s climate test, according to pressure group Insure Our Future. Concerned investors filed resolutions to address the climate and human rights-related risks associated with insurers’ underwriting, but none received majority support. At their annual general meetings ... Read the full article
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