Hints and tips:
...Chubb declined to comment....
...But those in the market say there is, as yet, limited appetite among insurers to provide specific war coverage for cyber....
...Insurers listed on an unredacted 2020 certificate include familiar names, such as AIG, Chubb, and syndicates from the Lloyd’s of London specialist market....
...In May, Democrats proposed $3tn in further spending, but Republicans this month said they would support a much more limited package worth about $1tn....
...The cover is sold by some of the biggest names in the industry, including AIG, Chubb, Allianz, Axa and Zurich. The market generates $15bn of premium income a year, according to Allianz....
...Evan Greenberg, chief executive of the insurer Chubb, argued in The Wall Street Journal that Congress should grant limited immunity from coronavirus-related litigation....
...Mr Quinn said that he expected a limited financial impact from the spread of the coronavirus. He said that travel insurance premiums could fall as people cancel travel plans....
...On Monday, Chubb became the first US insurer to ban coverage of coal companies....
...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....
...Insurers have enjoyed only limited benefit from the Federal Reserve’s recent interest rate increases....
...Is now the time for Chubb to reopen its dealmaking manual? “Nothing is off the table,” he says. “We haven’t limited ourselves.”...
...a social media campaign to boycott brands with NRA partnerships that had prompted similar moves from car rental brands including Avis, Enterprise and Hertz, hoteliers Best Western and Wyndham, insurers Chubb...
...On Wednesday, that deal activity moved to the primary insurance market when Ace Limited announced it would acquire The Chubb Corporation for $28bn....
...“It’s critical to understand if a piece was legally exported from its country of origin and legally imported where it’s on sale,” says Laura Doyle, a fine art specialist at Chubb Insurance....
...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...
...David Bradford, executive vice president of Advisen said: “You don’t have to go very far before there are disputes on how to allocate limited assets of a policy between insured parties.”...
...Mike Warburton, senior tax partner at Grant Thornton, says the new mortgage would have limited applications, however....
...Chubb, the property and casualty insurer, rose 1.1 per cent to $76.63, while shares in the St Paul Travelers Companies, another property and casualty group, rose 1.4 per cent to $37.33....
International Edition