Hints and tips:
...Chubb declined to comment....
...“Unless there is a very clear definition of war, you are not going to be able to apply the exclusion with any consistency,” said Mike Kessler, head of cyber at US-listed insurer Chubb....
...At the same time, Chubb is interested in fellow insurance titan The Hartford ($24bn market cap), which has summarily rebuffed its rival....
...Ace and XL, two of the earliest insurers on the island, have now combined with Chubb and Axa respectively....
...Chubb’s investment in Huatai goes back to 2002, when Ace LTD insurance bought a one-fifth stake. Ace went on to buy Chubb and take on its name in 2016....
...Chubb said: “Chubb recognises its responsibility to ensure that its policies comply with New York law. Chubb at all times intended and believed its coverage to be in full compliance with New York law....
...Evan Greenberg, chief executive of insurer Chubb, used this year’s annual report to attack what he called “abusive behaviour” from the brokers, warning that “these predatory behaviours . . . are simply unsustainable...
...The Ace/Chubb tie-up creates a property and casualty titan. Chubb has a US middle-market commercial unit but perhaps is best known for insuring the cars, homes or artwork of the rich....
...The Ace-Chubb combination is part efficiency-seeking, part empire-building....
...Within the past month, Ace agreed to buy Chubb for $28bn and the broker Willis struck a deal to merge with consultancy Towers Watson in a $18bn transaction....
...Third is the US insurance group Chubb (which is up 50 per cent already and trades on 1.5 times book, David admits)....
...At $35, AIG’s shares still trade at about half the company’s book value while more profitable rivals in the insurance industry, such as Chubb, Travelers and ACE Limited, trade in line with or above book...
...Even without dividends, the average annual share gain over those nine years was almost 19 per cent, comfortably outstripping Chubb, the US general insurer, at 4 per cent or Evan Greenberg’s ACE, at 7 per...
...He made his corporate mark as founder of Williams in 1982, which went on to become one of the UK’s largest industrial holding companies until its demerger in 2000, which created Chubb and Kidde....
...Chubb and Liberty Mutual have led the criticism in the US, while a number of companies in the Lloyd’s of London market, including Hiscox, were also critical in the past....
...dubbed “Britain’s busiest chairman”, is best known as the founder of Williams in 1982, which went on to become one of the UK’s largest industrial holding companies until its demerger in 2000, creating Chubb...
...Particularly unsettling, says Barry Tarnef, a risk manager at Chubb, the US insurance group, is that many manufacturing managers lack the information needed to mobilise alternative arrangements quickly if...
...Stuart Payne, vice president and head of Chubb Group’s 60-strong underwriting centre in Manchester, says his 18-year career in the industry has been exciting enough....
...Most of the Christie’s policies will be underwritten by Chubb, but some will be passed to other insurers, Christie’s said....
...David Chubb of PwC, the public services firm, who oversaw the process, said the restructuring would not cause job losses or suppliers to go unpaid but would leave the group with a more sustainable level...
...Chubb, another insurer, estimates its business has risen by 15 to 20 per cent in three years....
...David Chubb, an insolvency partner at PwC who has presided over a string of recent rescues, says that, often: “We are still not getting in quickly enough.”...
...Insurers are also prominent in the fund’s top 10 holdings, notably WR Berkely, the second-largest holding at 7.4 per cent, Infinity Property & Casualty and Chubb....
...He spent most of the 1980s and 1990s building up Williams, only to break it up into Chubb and Kidde in 2000....
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