Record Q4 at Chubb Ends Historic, ‘Blowout Year’
Record fourth-quarter 2023 net income of $3.3 billion, a huge increase over net income of about $1.3 billion during the same period a year ago, ended what CEO Evan G. ...
Chubb News
Appeals Court Rules Insurers Not Obligated to Defend Opioid Distributor McKesson
The role drug distributor McKesson Corp. had in the opioid crisis was no accident, meaning the company is not entitled to defense costs related to litigation against it. McKesson Corp. appealed a ...
Climate Change, Nuclear Verdicts Worry Wealthy North Americans: Chubb Survey
A new Chubb report has found that 76 percent of wealthy Americans and Canadians believe exposure to extreme weather due to climate change is among the biggest threats to ...
Mid-Market Businesses Ill-Prepared for Flood Risks, New Survey Finds
A new survey of insurance brokers by Chubb, a global P/C company, found that flood risk was not top of mind for U.S. mid-market companies, valued between $10 million and $1 billion. Nearly 85 percent ...
Middle-Market Companies Report Performance Improvements
New data from Chubb and the National Center for the Middle Market shows nearly 75 percent of middle-market companies report an improvement in overall performance compared ...
Chubb Loses Bid to Enforce D&O Coverage Exclusions in Opioid-Related Case
A federal judge in North Carolina has ruled against a Chubb subsidiary in its attempt to rid itself of defense-cost obligations in opioid-related litigation by enforcing two policy exclusions. ...
Executives on the Move at Chubb, QBE, Amwins, Ambac
Chubb appointed Mark Homan as division president, International Property and Casualty, for Overseas General Insurance, the company's international general insurance ...
Chubb’s Greenberg: Start Questioning the Societal Benefits of Litigation Funding
Chubb CEO Evan Greenberg said society and the business community need to start asking questions regarding the purpose of third-party litigation funding, a major ...
Catastrophe Losses Hinder Chubb Q1 Net Income
First-quarter net income at Chubb Ltd. fell several percentage points to about $1.9 billion as catastrophe losses evened gains in premiums written.
Munich Re Specialty Insurance (MRSI) appointed Sabrina Hart as president and chief executive officer, effective May 1. Hart has served as ...
Munich Re Specialty Appoints New CEO; Executive Moves at Chubb, Ascot