News & Videos - CHUBB LTD.

CHUBB CREATES NEW NORTH AMERICA SMALL & LOWER MIDMARKET DIVISION PR Newswire WHITEHOUSE STATION, N.J., March 12, 2025 Leverages Digital Operating Model to Apply Chubb's Underwriting and Service Capabilities Across Small and Lower Middle Market Segments Rob Poliseno appointed Division President, Small & Lower Midmarket; Jason Ranucci named Chief Operating Officer, Small & Lower Midmarket WHITEHOUSE STATION, N.J. , March 12, 2025 /PRNewswire/ -- Chubb (NYSE: CB) today announced the creation of a...

Liberty Mutual Insurance Agrees to Sell Thailand and Vietnam Operations to Chubb PR Newswire BOSTON, March 3, 2025 Deal reflects Liberty Mutual's conviction to its focused Asia Pacific strategy BOSTON , March 3, 2025 /PRNewswire/ -- Liberty Mutual Insurance has agreed to sell its operations in Thailand and Vietnam to Chubb Limited. Terms of the deal have not been disclosed. Thailand is expected to close by the second quarter of 2025 and Vietnam is expected to close in 2026, subject to certain...

Chubb to Acquire Liberty Mutual's P&C Insurance Businesses in Thailand and Vietnam PR Newswire ZURICH, March 3, 2025 Transaction represents an opportunity to enhance and expand Chubb's business ZURICH , March 3, 2025 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced agreements to acquire the insurance businesses of Liberty Mutual in Thailand and Vietnam . The terms were not disclosed. The two companies — LMG Insurance in Thailand and Liberty Insurance in Vietnam — offer a range of...

Westchester, a Chubb Company, Appoints Alex Faynberg Head of Healthy Paws Pet Insurance PR Newswire WHITEHOUSE STATION, N.J., Feb. 27, 2025 WHITEHOUSE STATION, N.J. , Feb. 27, 2025 /PRNewswire/ -- Westchester, Chubb's Excess and Surplus Lines Division, today announced the appointment of Alex Faynberg , currently Division President of Chubb Workplace Benefits (CWB), to Executive Vice President and Head of Healthy Paws, a Chubb company, effective March 3, 2025 . Healthy Paws is a top-rated pet...

Chubb Limited Board Will Recommend 32nd Consecutive Annual Dividend Increase to Shareholders at the 2025 Annual General Meeting; Declares Quarterly Dividend PR Newswire ZURICH, Feb. 27, 2025 ZURICH , Feb. 27, 2025 /PRNewswire/ -- Chubb Limited (NYSE: CB) announced today that its Board of Directors will recommend to shareholders at the company's 2025 Annual General Meeting an increase in its quarterly dividend for the thirty-second consecutive year. The proposal calls for a $3.88 annual per share...

Chubb Announces Leadership Changes in Europe, Middle East and Africa and North America PR Newswire ZURICH, Feb. 26, 2025 Ana Robic appointed Regional President, Europe , Middle East and Africa , succeeding David Furby who is named Executive Chairman Melissa Scheffler promoted to succeed Robic as Division President, Personal Risk Services, Chubb North America Insurance ZURICH , Feb. 26, 2025 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced that Ana Robic , Senior Vice President, Chubb...

Chubb Appoints Seth Gillston Head of Global Casualty for North America Major Accounts PR Newswire NEW YORK, Feb. 4, 2025 Lou Capparelli to serve as Chairman of Global Casualty NEW YORK , Feb. 4, 2025 /PRNewswire/ -- Chubb today announced the appointment of Seth Gillston as Executive Vice President, Head of Global Casualty for Major Accounts in North America . Seth will oversee the day-to-day operations of the Chubb Global Casualty business unit, which provides domestic casualty insurance...

Chubb Reports Fourth Quarter Per Share Net Income and Core Operating Income of $6.33 and $6.02, Respectively; Consolidated Net Premiums Written of $12.1 Billion, with Global P&C and Life Insurance Up 6.7% and 7.6%; P&C Combined Ratio of 85.7%; Record Full-Year Per Share Net Income of $22.70 and Core Operating Income of $22.51; Consolidated Net Premiums Written of $51.5 Billion, Up 8.7%, with Global P&C Up 9.6% and Life Insurance Up 15.7%; P&C Combined Ratio of 86.6% PR Newswire ZURICH, Jan. 28,...

Chubb Announces Key Leadership Appointments in Overseas General Insurance PR Newswire NEW YORK, Jan. 27, 2025 NEW YORK , Jan. 27, 2025 /PRNewswire/ -- Chubb today announced two leadership appointments within its Overseas General Insurance business (COG) to enhance underwriting consistency and drive international growth. Tim Stapleton , Executive Vice President, Financial Lines, Overseas General Insurance, has been appointed to the newly created role of Chief Underwriting Officer, Overseas...

Chubb Report Reveals Cybersecurity as Leading Risk Threatening Business Growth, with Technology Disruption Following Closely Behind PR Newswire NEW YORK, Jan. 6, 2025 Harris Poll survey of business leaders also discloses leading strategies to mitigate these and other growth risks, identifying cyber, tech and financial risk as top three disruptors requiring greatest investment and labor to mitigate, and where insurance is most effective. NEW YORK , Jan. 6, 2025 /PRNewswire/ -- A report from Chubb...

Chubb Limited to Hold its Fourth Quarter Earnings Conference Call on Wednesday, January 29, 2025 PR Newswire ZURICH, Jan. 3, 2025 ZURICH , Jan. 3, 2025 /PRNewswire/ -- Chubb Limited (NYSE: CB) will hold its fourth quarter earnings conference call on Wednesday, January 29, 2025 , at 8:30 a.m. Eastern. The company expects to issue its fourth quarter earnings release and financial supplement after the market closes on Tuesday, January 28, 2025 . These documents will be available on the company's...

Chubb Appoints John Latter to Lead Claims for Overseas General Insurance PR Newswire NEW YORK, Dec. 16, 2024 NEW YORK , Dec. 16, 2024 /PRNewswire/ -- Chubb has announced the appointment of John Latter to lead Claims for Chubb Overseas General (COG), effective immediately. In his new role as Head of Claims, COG, John will oversee Chubb's claims organization in Europe , the Middle East , Asia Pacific , Latin America and the Far East, leading a team of 3,000 professionals. He will continue to be...

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of the grouped subsidiaries of Chubb Limited (Chubb) (Zurich, Switzerland) [NYSE: CB]. These include Chubb’s rated U.S., Canada, Bermuda, Europe and Panama-based insurance and reinsurance subsidiaries (collectively Chubb Group of Insurance Companies, or Chubb Group). Concurrently, AM Best has affirmed the Long-Term ICRs of “a+”...

Chubb's 2024 Wealth Report: Affluent Households Name Climate, Cyber and Collectibles Risks as Top Threats to Building and Maintaining Wealth PR Newswire NEW YORK, Dec. 3, 2024 With 90% of respondents citing climate change as a leading concern, 92% fearing liability lawsuits, 81% of collectors worrying about theft, and a substantial insurance protection gap across critical areas, Chubb's new report reveals the top risks facing today's wealthy NEW YORK , Dec. 3, 2024 /PRNewswire/ -- Today's...

Chubb Limited Board Declares Quarterly Dividend PR Newswire ZURICH, Nov. 21, 2024 ZURICH , Nov. 21, 2024 /PRNewswire/ -- The Board of Directors of Chubb Limited (NYSE: CB) today declared a quarterly dividend equal to $0.91 per share, payable on January 3, 2025 to shareholders of record at the close of business on December 13, 2024 . The dividend will be payable out of legal reserves and will be made in United States dollars by the company's transfer agent, as described in the Chubb Limited 2024...

Chubb Announces Estimated Net Losses for Hurricane Milton of $250-300 Million Pre-Tax and $208-250 Million After-Tax PR Newswire ZURICH, Nov. 1, 2024 ZURICH , Nov. 1, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announces losses in the fourth quarter of 2024 attributable to Hurricane Milton are estimated to be $250 -300 million pre-tax and $208 -250 million after-tax, net of reinsurance and including reinstatement premiums. These estimates include losses generated from the company's...

Chubb Enhances Leadership for Latin America Operations PR Newswire NEW YORK, Oct. 31, 2024 NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Chubb (NYSE: CB) today announced two appointments that enhance the company's leadership structure in Latin America . Recognizing fast-moving developments and opportunities across the region, Chubb named Mario Romanelli as Regional President South America and Diego Sosa as Regional President Northern Latin America. Effective immediately, both Mario and Diego will...

Chubb Reports Third Quarter Per Share Net Income and Core Operating Income of $5.70 and $5.72, Up 15.2% and 15.6%, Respectively, with P&C Underwriting and Net Investment Income Both Up Double-Digit; Global P&C and Life Insurance Net Premiums Written were Up 8.5% and 10.6%, in Constant Dollars PR Newswire ZURICH, Oct. 29, 2024 Net income was $2.32 billion , up 13.8%, and core operating income was $2.33 billion , up 14.3%. For the nine months, net income and core operating income were a record...

Chubb's Digital Payments and Cyber Scams Survey Finds Growing Impact of Fraud on Consumers; Harms Trust in Payment Methods PR Newswire NEW YORK, Sept. 30, 2024 Across the globe, 61% have changed their behavior or reduced use of digital payment platforms due to cyber scam concerns. 75% say transaction insurance would boost their trust, increasing adoption. NEW YORK , Sept. 30, 2024 /PRNewswire/ -- Chubb, a world leader in insurance, today released the results of its new global survey, " The...

Chubb Limited to Hold its Third Quarter Earnings Conference Call on Wednesday, October 30, 2024 PR Newswire ZURICH, Sept. 26, 2024 ZURICH , Sept. 26, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) will hold its third quarter earnings conference call on Wednesday, October 30, 2024 , at 8:30 a.m. Eastern. The company expects to issue its third quarter earnings release and financial supplement after the market closes on Tuesday, October 29, 2024 . These documents will be available on the company's...