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Chubb names new North America casualty claims head

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Chubb Limited, the world’s largest P&C insurance company, has announced John Watkins as its new senior vice president, head of casualty claims for its North America division. The company says Watkins will directly report to North American Claims executive vice president and senior claim officer

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Category: Chubb Group Of Insurance Company News

Chubb Canada expands Signature Suite

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Canadian customers of Chubb Insurance Company’s personal insurance offerings can now get the Signature Suite. The company announced the expansion on Tuesday, with a number of new complimentary services for its family office and high-net-worth customers. Signature Suite gives customers a

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Category: Chubb Group Of Insurance Company News

Chubb to announce Q4 2016 earnings

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Chubb Limited will announced its Q4 2016 earnings and earnings for 2016 in total on Tuesday, the company has announced. The financial results will be the first year-end earnings the company has announced since the merger between Chubb and Ace Limited at the start of last year. With the

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Category: Chubb Group Of Insurance Company News

Chubb expands cyber loss mitigation services in Canada

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Chubb Limited has expanded its suite of cyber loss mitigation services. In a statement released on Thursday, the company says the revised solution helps policyholders in Canada and the United States. The cyber loss mitigation services suite helps customers reduce the impact and chance of a

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Category: Chubb Group Of Insurance Company News

Chubb opens COPE advisory

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Chubb Limited has introduced a new advisory for underwriting cyber insurance. Called Cyber COPE, the model has been created to make assessment of cyber and privacy risks easier, while also improving risk assessments. The advisory has been authored by Chubb’s director of cyber/privacy services

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Category: Chubb Group Of Insurance Company News

New REH practice leader names

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Chubb Limited has announced a new executive vice president, real estate & hospitality (REH) industry practice leader. The position will go to Steven Reiss, who will be based in New York and will report directly to Chubb North America Major Accounts Division president Chris Maleno. Previous REH

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Category: Chubb Group Of Insurance Company News

Steven Reiss named industry leader

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Chubb Limited has named Steven Reiss as executive vice president, real estate & hospitality (REH) industry practice leader. He will assume the position as successor to outgoing industry leader Andrew Hurley, who sadly passed away in October. In the role, Reiss will oversee the “underwriting

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Category: Chubb Group Of Insurance Company News

Chubb Limited Q3 report

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Chubb Limited has reported its third quarter financials, including a property and casualty combined ratio of 86% for the period ending Sept. 30, 2016. The ratio represented a minor change from 85.9% during the same quarter in 2015. Of course, last year it was the Chubb Group reporting, now it is

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Category: Chubb Group Of Insurance Company News

Chubb Debuts Integrity+ to Cover E&O Customer Lawsuits

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Chubb Canada has launched a new solution to help protect Canadian organizations from errors and omissions (E&O) liability customer lawsuits. The company announced Integrity+ on Tuesday, a policy for E&O lawsuits that claim a company’s products or service caused privacy violations, intellectual

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Category: Chubb Group Of Insurance Company News

Customer Focus must come before emphasis on task

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At NICC in Vancouver, Farber Financial Group’s Circle & Square Practice head, Barry Pokroy advised insurance companies to embrace a customer first policy. However, he said insurers will only truly becomes customer focused when they move away from putting emphasis on tasks.  “We’ve become

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Category: Chubb Group Of Insurance Company News

Chubb Authors Whitepaper on E-Waste Risks

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Chubb Limited, in collaboration with ESIS Inc. has released a new whitepaper that looks into the legal and environmental risks of companies using electronic devices. Titled “Electronic Waste: Managing the Environmental and Regulatory Challenges,” the paper examines business use of

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Category: Chubb Group Of Insurance Company News

Chubb Debuts ERM

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Chubb has debuted its Cyber Enterprise Risk Management (ERM) solution. The company is rolling out the product in the Asia Pacific regions. In a press release to announce ERM, Chubb says the initial availability will be in Australia, Hong Kong, and Singapore. The company points out that cyber

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Category: Chubb Group Of Insurance Company News

Chubb Limited impacted by disaster loss in second quarter

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Chubb Limited announced its second quarter results, showing a slip in net income year-on-year. Like a number of major carriers, Chubb has been negatively impacted by a higher rate of global natural disasters. The company reported a net income of US$726 million for the second quarter, down from

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Category: Chubb Group Of Insurance Company News

Chubb joins GCIA in Canada

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Four of the world’s largest commercial insurance providers have developed a new association to further their Canadian interests. Among them is Chubb, which will join the new Global Commercial Insurers Association (GCIA), which was established on Monday. The group has been created to help

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Category: Chubb Group Of Insurance Company News

Chubb’s ForeFront Portfolio comes to Canada

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Chubb has announced a new product, the company announced on Monday. The modular insurance policy has been created to help Canadian based privately owned companies, the company points out in a press release. The product is called ForeFront Portfolio. It aims to give customers solutions to

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Category: Chubb Group Of Insurance Company News

Chubb predicts large catastrophe losses during Q2

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Catastrophe losses cost Chubb Limited US$390 million in pre-tax or US$315 million after tax through the second quarter of 2016. The company said in a press release on Tuesday that $320 million of the pre-tax losses came from natural catastrophes, with the remaining $70 million coming from

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Category: Chubb Group Of Insurance Company News

Chubb wins two cyber-security awards

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Chubb has been named atop two categories at the 2016 Advisen Cyber Risk Awards, receiving top honors for its cybersecurity quality. The company took home the award for Cyber Risk Innovation of the Year and Pre-Breach Team of the Year. This is the third year of the awards and Chubb said its win was

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Category: Chubb Group Of Insurance Company News

Chubb names aviation head

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Chubb Global Markets has announced Martin Stevens as Chairman of the brand’s aviation insurance division. The world’s largest property and casualty insurance provider announced the position last week, giving the hugely experienced Stevens control of the aviation division. Martin Stevens has

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Category: Chubb Group Of Insurance Company News

Chubb debuts cyberbullying coverage in Canada

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Chubb has added a new coverage policy to its Canadian Masterpiece Family Protection coverage, adding a new cyberbullying benefit that can cover customers through such situations. The new niche product can pay out up to $60,000 in compensation coverage for customers and their family members who

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Category: Chubb Group Of Insurance Company News

Chubb Announces Q1 Financials

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Through its first quarter as a merged company with ACE Limited, Chubb Limited reported a decrease in net income, with the company securing $439 million. The first quarter result was down from $681 million through the same periods in 2015. In contrast, Chubb said that underwriting performed

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Category: Chubb Group Of Insurance Company News


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