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Chubb Announced Key Leadership Appointments in Surety's Global and North America Businesses
Chubb Limited (NYSE: CB) has announced that Steve Haney, Vice President, Chubb Group and currently Division President of North America Surety and Chief Underwriting Officer of Global Surety, has been promoted to President…
Chubb Reporte Second Quarter Per Share Net Income of $7.35, Up 34.6%, and Record Per Share Core Operating Income of $6.14, Up 14.1%; Consolidated Net Premiums Written of $14.2 Billion, Up 6.3%, or 7.1% in Constant Dollars, with P&C and Life Insurance
Net income was $2.97 billion, up 33.1%, and core operating income was a record $2.48 billion, up 12.9%. P&C net premiums written were $12.39 billion, up 5.2%, or 5.8% in constant dollars. Global…
Chubb, Zurich, National Indemnity Launch Excess Casualty Facility
Chubb, Zurich North America and National Indemnity have announced a new excess casualty facility that can offer up to $100 million in lead excess casualty insurance capacity on a claims-made basis for…
Chubb to Acquire Liberty Mutual's P&C Insurance Businesses in Thailand and Vietnam
Chubb Limited (NYSE: CB) 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 —…
Chubb Appoints Seth Gillston Head of Global Casualty for North America Major Accounts
Chubb has 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 Reports Fourth Quarter Per Share Net Income and Core Operating Income of $6.33 and $6.02, Respectively
QUARTER Net income and core operating income were $2.58 billion and $2.45 billion, or a record $3.05 billion and $3.00 billion on a pre-tax basis, respectively. Excluding the prior year deferred tax benefit of $1.14 billion, or $2.76 per share,…
Chubb Announces Estimated Net Losses for Hurricane Milton of $250-300 Million Pre-Tax and $208-250 Million After-Tax
Chubb Limited (NYSE: CB) announced 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…
Chubb Appoints Tim Benson to Lead North America Multinational Business Unit
Chubb has announced the appointment of Tim Benson as Executive Vice President, Multinational Insurance Leader, effective October 30. He will oversee strategy, product and business development, underwriting operations, and profit…
Chubb Appoints Greg Giardiello as Global Controller
Chubb Limited (NYSE: CB) announced that Greg Giardiello is joining Chubb as Global Controller, effective 4 September 2024. Giardiello will report to George Ohsiek, Vice President, Chubb Group and Chief Accounting Officer, and be based…
Chubb Appointed George Ohsiek Chief Accounting Officer; Annmarie Hagan Named CFO of Operations & Technology and Transformation; Mong-Diep "Dee" Le to serve as Chief Auditor
Chubb Limited (NYSE: CB) announced three executive appointments in the company's finance organization effective Sept 4, 2024. George Ohsiek has been appointed Vice President, Chubb Group and Chief Accounting Officer. Currently, he serves as…
