Chubb News
High-Net-Worth Insureds’ Top Concerns: Climate, Collectibles and Cyber
A new report on emerging risks affecting wealthy households — those with assets of $500,000 to $5 million — highlights climate change, theft of collectibles and cybersecurity as top concerns. ...
Chubb Continues ‘Record’ Year With 13.8% Jump in Q3 Net Income
Chubb recorded an 11.7 percent increase in P/C underwriting income with a combined ratio of 87.7 as part of third-quarter net income of about $2.2 billion, up 13.8 percent. CEO Evan G. Greenberg said ...
Homeowners Not Satisfied, Just Stuck With Insurers: J.D. Power
Although Chubb, AIG, Amica and Erie outranked peers in the U.S. homeowners insurance market on measures of customer satisfaction, the compiler of satisfaction scores—J.D. Power—believes customers ...
Chubb Q2 Net Income Up 24% to $2.2B
Chubb said second-quarter net income was up more than 24 percent to about $2.2 billion despite higher catastrophe losses than a year ago. Catastrophe losses for the second quarter were $580 million, ...
More Executives on the Move at Chubb
Chubb on Wednesday announced several more promotions within its North America insurance operations, with Ana Robic and Ben Rockwell getting appointed senior vice ...
Chubb Shakes Up North American Insurance Leadership
Chubb said it has made several executive leadership changes in its North American general insurance business, with John Lupica becoming executive chairman.
Chubb, which had insured Baltimore's Francis Scott Key Bridge, is getting ready to pay $350 million to the state of Maryland, in what could be the first major payout tied to ...
Social Inflation Fix: Insurers Can’t Be Out Front, Chubb’s Greenberg Says
Although insurers can help to stop the growth of social inflation, they can't lead the effort, an industry executive said during an insurance conference this week. Evan Greenberg, chair and chief ...
Buffett’s Berkshire Reveals $6.7B Stake in Insurer Chubb
Warren Buffett's Berkshire Hathaway Inc. unveiled a $6.7 billion stake in insurer Chubb Ltd., ending months of suspense over its mystery position in a financial firm, previously kept concealed in ...
Insurer Chubb Readies $350M Payout Tied to Baltimore Bridge Collapse