Articles

Insurance

Premiums fall at Chubb in Q3 as CEO vows to “trade revenue for underwriting discipline”

Profits at Chubb soared in the third quarter of 2016 thanks to the impact of its merger with ACE at the start of 2016 but net premiums at the company fell as sharply thanks to it buying more reinsurance and maintaining underwriting discipline.   27 October 2016

Insurance

Everest Re hires Chubb's Andrade for top position succeeding CEO Addesso from 2020

Bermuda-based Everest Re Group has hired Chubb's Juan Andrade as chief operating officer (COO) effective September 1, 2019. He will succeed Dominic Addesso as president and chief executive officer (CEO) of the company from January 1, 2020.   2 August 2019

Insurance

Reinsurance Association of America elects new officers from AXA XL, Hamilton Re and Markel

The Reinsurance Association of America (RAA) has elected John Welch, chief executive North America, AXA XL Reinsurance, as the new chairman of its board.   7 May 2019

Insurance

ACE appoints leadership team for North America E&S lines

Insurer ACE has announced the leadership team it intends to appoint for the company’s North America excess and surplus (E&S) lines wholesale business upon the completion of the acquisition of Chubb.   2 December 2015

Insurance

ACE appoints leadership team for overseas general insurance personal lines

Insurer ACE has announced the future personal lines leadership team it intends to appoint for the new Chubb Group’s overseas general insurance division.   30 November 2015

Insurance

BMS bolsters global risks division with new director

Specialist re/insurance broker BMS Group has appointed Neil Prior as director in its global risks division, reporting to managing director Ian Gormley.   12 September 2019

Insurance

DARAG hires ex-Chubb, Hiscox as CFO and GC for North American business

The legacy acquirer is looking to implement the next phase of its strategic growth plan in North America.   13 August 2020

Insurance

Third Point Re makes senior underwriting hires from Chubb, Munich Re

Bermuda-based Third Point Reinsurance has hired David Drury and Steven Wilson as senior vice president of underwriting from Chubb and Munich Re America.   17 July 2018

Insurance

Chubb Europe completes move from London to France ahead of Brexit

Chubb European Group has confirmed it has redomiciled its businesses from London to France effective 1 January, consistent with its previously announced Brexit preparations.   3 January 2019

Insurance

AXA overtakes AIG to lead US D&O, which sees double-digit rate increases

AXA has overtaken AIG in the United States directors and officers (D&O) liability market, a sector that has seen double-digit rate increases in the past year.   27 September 2019

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