$CB (Chubb Limited)

$CB {{ '2016-06-22T18:19:36+0000' | timeago}} • Announcement

Insurance company $CB said it has promoted Jeremy Miles, Head of Distribution for UK and Ireland, to the role of SVP, Personal Risk Services, Europe, effective immediately. Mr. Miles will be based in London, reporting to Jalil Rehman, EVP and Chief Business Operations Officer, Europe. Mr. Miles succeeds Simon Mobey, who has decided to leave $CB.

$CB {{ '2017-07-25T22:35:35+0000' | timeago}} • Announcement

$CB said its integration-related realized and annualized run-rate savings related to the ACE/Chubb merger are ahead of expectations. The company now expects to achieve annualized run-rate savings of $875MM by 2018-end, up from the previous estimate of $800MM. Integration and merger-related expenses are now estimated to be $903MM, up from $809MM.

$CB {{ '2017-07-25T22:33:05+0000' | timeago}} • Announcement

Earnings of world’s largest publicly traded property and casualty insurer $CB jumped 80% in 2Q17. The increased was driven by higher demand for agricultural insurance. Net income increased to $1.3Bil or $2.77 per share from $726MM or $1.54 per share a year earlier. Net premiums written declined 1% to $7.5Bil.

$CB {{ '2017-07-25T21:02:55+0000' | timeago}} • Infographic

$CB Chubb Limited Earnings AlphaGraphic: Q2 2017 Highlights

$CB {{ '2017-07-20T17:16:52+0000' | timeago}} • Announcement

$CB has named Michelle McLaughlin as EVP & Property Manager for its North America Commercial Insurance division. She will report to Paul Lewis, EVP & Chief Underwriting Officer, Commercial Insurance. Ms. McLaughlin succeeds Edward Radzinski, who will retire at the end of August.

$CB {{ '2017-07-18T16:37:01+0000' | timeago}} • Announcement

$CB appointed Lee Farrow as EVP and Life Sciences Industry Practice Leader for North America. In new role, effective immediately, he will oversee strategy, operations and underwriting of biotechnology, pharmaceutical, supplement, and medical device customers. Farrow succeeds Phil Fiscus who has been appointed to Deputy Industry Practices Manager.

$CB {{ '2017-07-18T10:49:22+0000' | timeago}} • Announcement

$CB appointed Alexander Wells as Regional Manager for the Northeast and Mid-Atlantic Regions of the company's Commercial Insurance division in North America. Wells succeeds Jeffrey Updyke, who was recently named $CB's COO of North America Field Operations.

$CB {{ '2017-07-14T11:48:27+0000' | timeago}} • Announcement

$CB announced several new leadership appointments within its Global Casualty and Excess Casualty lines of business for its North America Major Accounts division, effective immediately. $CB appointed Bill Hazelton as EVP of Chubb Construction Industry Practice, Environmental and Excess Casualty, and Joseph Fobert as EVP, Chubb Excess Casualty.

$CB {{ '2017-07-14T11:47:31+0000' | timeago}} • Announcement

$CB announced several new leadership appointments within its Global Casualty and Excess Casualty lines of business for its North America Major Accounts division, effective immediately. $CB appointed Bill Rabl as EVP, Chubb Global Casualty, and Lou Capparelli as EVP, Chubb Global Casualty Field Operations.

$CB {{ '2017-07-13T10:50:19+0000' | timeago}} • Announcement

$CB appointed Ross Bertossi as VP of Global Underwriting for Chubb Group. In this capacity, he will have responsibility for advancing underwriting excellence across the company, including general underwriting policy and underwriting management best practices.

$CB {{ '2017-06-26T18:25:39+0000' | timeago}} • Announcement

Insurance giant $CB named Leigh Anne Sherman the head of its Private/Not-For-Profit Management Liability business within the North America Financial Lines division. Sherman, an EVP with Chubb, will continue to report to Scott A Meyer, Division President of North America Financial Lines. She has held various top positions in the Chubb organization.

$CB {{ '2017-06-19T16:52:09+0000' | timeago}} • Announcement

$CB appointed Gerard Butler as SVP, Chubb Group, Division President, North America Insurance. Butler succeeds Harold Morrison who will retire at the end of the year. Jeffrey Updyke succeeds Butler as COO, North American Field Operations.

$CB {{ '2017-06-08T13:22:17+0000' | timeago}} • Announcement

Chubb Global Markets, a division of $CB, promoted Dominique Largeron to the post of Delegated Underwriting Authorities Manager. In her new role, Dominique will continue to report to Head of Delegated Underwriting Management Peter McAdams. She will be overseeing the company’s third-party delegated underwriting arrangements internationally.

$CB {{ '2017-05-30T14:18:58+0000' | timeago}} • Announcement

$CB has appointed Kyle Bryant to the newly-created role of Regional Cyber Risk Manager, Europe, effective immediately. Mr. Bryant will be based in London with a dual reporting line to Grant Cairns, Head of Financial Lines, UK and Ireland and Adrian Matthews, Chief Operating Officer, Continental Europe.

$CB {{ '2017-05-18T15:05:41+0000' | timeago}} • Announcement

$CB's shareholders have approved all matters submitted to 2017 Annual General Meeting. Shareholders approved a 3% increase in its dividend to $2.84 per share annually ($0.71 per quarter) from $2.76 per share ($0.69 per quarter). The company's BoD declared that shareholders of record on June 30, 2017, will be entitled to payment on July 21, 2017.

$CB {{ '2017-05-17T13:10:32+0000' | timeago}} • Announcement

$CB appointed Adair Turner as non-executive Chairman of two of its key European companies, Chubb European Group Ltd. and Chubb Underwriting Agencies Ltd. He succeeds John Napier, who recently stepped down from the position.

$AIZ {{ '2017-05-15T14:35:46+0000' | timeago}} • Announcement

$AIZ appointed Daniel Pacicco as SVP, Chief Accounting Officer and Controller, effective June 1, 2017. Most recently, Pacicco served as SVP, finance for the North American operations of $CB, after holding many roles in over two decades with The Chubb Corporation.

$CB {{ '2017-04-26T19:36:09+0000' | timeago}} • Webcast

Regarding corporate tax reforms, $CB stated that lower rates would have a stimulating effect on the economy, which in turn, would boost the insurance business.

$CB {{ '2017-04-26T19:10:17+0000' | timeago}} • Webcast

$CB said it would see an accounting adjustment on premiums of about $50MM in 4Q17. It added that there will be no impact of the adjustments beyond 2017.

$CB {{ '2017-04-25T21:11:55+0000' | timeago}} • Announcement

$CB's adjusted net investment income, which excludes a purchase accounting adjustment of $91MM, was $836MM for 1Q17 versus $767MM in 1Q16. Net loss reserves decreased $153MM, primarily reflecting seasonality in the company's crop insurance business and favorable prior period reserve development.

$CB {{ '2017-04-25T21:09:19+0000' | timeago}} • Announcement

$CB reported a 149.2% increase in 1Q17 earnings. Net income was $1.09Bil or $2.31 per share compared to $439MM or $0.97 per share for 1Q16. Net premiums written rose 11.9% to $6.7Bil.

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