Chubb Limited is an American[2] company incorporated in Zürich, Switzerland. It is the parent company of Chubb, a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and is the largest publicly traded property and casualty insurance company in the world.[3] Chubb operates in 55 countries and territories and in the Lloyd's insurance market in London. Clients of Chubb consist of multinational corporations and local businesses, individuals, and insurers seeking reinsurance coverage. Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance.
In 2018, the group had $174 billion in assets, $30.8 billion of gross written premiums and approximately 31,000 employees.[4] Chubb trades on the New York Stock Exchange and is a component of the S&P 500 index. Its core operating insurance companies are rated "AA" (Very Strong) for financial strength by Standard & Poor's[5][6] and "A++" (Superior) by A. M. Best[7][8] with stable outlooks from both agencies. Fitch rates Chubb Limited and its subsidiaries "AA" (Very Strong) for financial strength, "AA−" for issuer default and "A+" for senior debt.[9] Moody's rates the U.S. companies "A1" and the unsecured loan notes "A3".[10]
On 1 July 2015, property & casualty insurer Ace Limited (ACE) announced that it would acquire the original Chubb Corporation for $28.3 billion in cash and stock.[11] ACE stated that Chubb's current headquarters in Warren, New Jersey, will have a substantial portion of the headquarters function for the combined company's North American Division. The combined company adopted the Chubb name in January 2016 after the acquisition was completed.[12]
^"Chubb Limited 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 23 February 2024.
^Gara, Antoine (July 1, 2015). "Wall Street is Running Out of Ways to Make Easy Money off Corporate Tax Loopholes". Forbes.
^"Chubb in Bermuda".
^Chubb Limited Company Profile. Second Quarter 2019 q4cdn.com
^"Standard & Poor's Raises ACE's Financial Strength Ratings on Core Operating Subsidiaries to "AA"". Yahoo! Finance. 19 May 2014. Archived from the original on 14 December 2014. Retrieved 10 December 2014.
^"What's Behind Our Ratings On The Top 15 Global Multiline Insurers Following The Application Of Our New Criteria". globalcreditportal.com. 4 June 2013.
^"A.M. Best Upgrades Ratings for Most Subsidiaries of ACE Limited". Reuters. 11 April 2014. Archived from the original on 24 September 2015. Retrieved 10 December 2014.
^"AM Best Revises Outlook to Positive for ACE Limited and Most of Its Subsidiaries". ambest.com. 14 June 2013. Archived from the original on 18 June 2013.
^"Fitch Upgrades ACE Limited's IFS Ratings to 'AA'; Sr. Debt to 'A+'". Fitch Ratings. 14 May 2013.
^"Moody's rates ACE Limited shelf; ACE INA Holdings' provisional senior debt at (P)A3; outlook stable". 2013-03-05.
^"ACE agrees to Chubb for $28.3 billion". Marketwatch. July 1, 2015.
^"ACE and Chubb Are Now One; New Chubb Brand Logo Unveiled". Insurance Journal. 2016-01-15. Retrieved 2018-08-15.
ChubbLimited is an American company incorporated in Zürich, Switzerland. It is the parent company of Chubb, a global provider of insurance products covering...
politician nicknamed "Chubb" Chubb Rock (born 1968), American rapper Richard Simpson ChubbLimited, an American insurance company Chubb Locks, a British lock...
form CIGNA in 1982, and was acquired by global insurer ACE Limited (currently ChubbLimited) in 1999. In 1792, Boston merchant Samuel Blodget moved to...
Chubb Rock, is an American rapper who released several successful hip hop albums in the late 1980s and early 1990s. A National Merit Scholar, Chubb Rock...
the title Chairman Emeritus. In 2008, Aon sold Combined Insurance to ACE Limited for $2.56 billion which resulted in the closure of the UK employee benefits...
columnist Corinne Roosevelt Alsop (1912–1997), m. Percy Chubb II, grandson of the founder of ChubbLimited Stewart Johonnot Oliver Alsop Sr. (1914–1974), American...
other companies in the United Kingdom which include, among others, ChubbLimited, AXA, Aviva, Bupa, Groupama Healthcare, WPA and VitalityHealth. Similar...
The Pyrene Company Limited from their beginning in 1914, until 1971 when they became Chubb Fire Security Limited, were among the world's leaders in the...
Graham Weymouth (journalist, Washington Post editor) Evan G. Greenberg (ChubbLimited president and CEO 2004–) Maurice R. "Hank" Greenberg (CFR board member...
Bank African Export-Import Bank Africa Finance Corporation Berne Union ChubbLimited COMESA ECGC MIGA Mizuho Corporate Bank MUFG Nippon Export & Investment...
of North America Philadelphia, Pennsylvania (found.) Insurance Now ChubbLimited 1792 New York Stock Exchange New York City Stock Exchange 1792 Old Farmer's...
sponsors including - ChubbLimited, PricewaterhouseCoopers, Bank of N.T. Butterfield, BF&M Insurance, Gosling Brothers, Bacardi Limited, Hamilton Princess...
President, Galvin Enterprises, Inc. Evan Greenberg, Chairman and CEO, ChubbLimited Maurice R. Greenberg, Chairman and CEO, C.V. Starr & Company, Inc. Linda...
Sir Cecil Herbert Edward Chubb, 1st Baronet (14 April 1876 – 22 September 1934), was the last private owner of Stonehenge prehistoric monument, Wiltshire...
of directors and officers liability insurance include Axa XL, AIG, ChubbLimited, Tokio Marine HCC, The Travelers Companies, CNA Financial, Berkshire...
bills and the payout to Robinson, were covered by Essendon's insurers, ChubbLimited. Hird, however, was left with a large personal legal bill, because the...
developed chatbots for companies such as Credit Union Australia, ChubbLimited and AMP Limited. Wallace also held the position of the company's chief executive...
Eurotainer container business to Ermewa and Brinks Brambles armoured car unit to Chubb Security. In August 2001, the support services activities of GKN (which...
by the end of the first half of 2021. In February 2021, the WHO and ChubbLimited announced the roll out of a no-fault compensation scheme for COVID-19...
Funds Firm. In 2008, SIS acquired Australia's largest security company, Chubb Security, becoming the first Indian multinational in security services....
with Chubb Rock) 05. The Hatred (produced with Chubb Rock) 06. Lost in the Storm (produced with Chubb Rock) 07. Which Way Is Up (produced with Chubb Rock)...
John deKoven Alsop, and Corinne Roosevelt Alsop (wife of the heir to ChubbLimited). Alsop IV died on March 17, 1953, while on vacation in Charleston,...
Companies announced it would no longer sell NRA endorsed policies. ChubbLimited ended its insurance product called NRA Carry Guard which covered gun...
Global Information
US$49.74 billion (2023)