$CB (Chubb Limited)

$CB {{ '2016-07-27T16:21:32+0000' | timeago}} • Webcast

$CB said that adjusted income for 2Q16 was $816MM. The company said that its book value per share was up 2.7% in the quarter and stands at $101.56. For the year, per share book value was up over 13%. $CB said that total P&C net premiums in the quarter on a constant dollar basis fell 4.7%, with commercial net premiums for North America being flat.

$CB {{ '2017-10-05T15:31:16+0000' | timeago}} • Announcement

$CB appointed John Alfieri as EVP of North America Major Accounts. Peter Tucker will take on Regional Executive Officer for Chubb's New York region. Amy Feller will now assume its New York Regional COO and New York City Branch Manager. Kevin Guinan has been named Chubb's new Long Island Branch Manager.

$CB {{ '2017-10-03T22:06:56+0000' | timeago}} • Announcement

$CB appointed Cunqiang Li as COO of Chubb Life, the company's international life insurance division. Kevin Goulding has been named President of Combined Insurance, its agency and worksite-based personal accident and supplemental health insurance company. Brad Bennett has been named Regional President of Far East operations in Japan.

$CB {{ '2017-10-02T14:21:19+0000' | timeago}} • Announcement

$CB announced estimated maximum net insurance and net reinsurance losses for the third quarter of 2017 attributable to Hurricane Maria, which primarily impacted the Caribbean region including Puerto Rico, of $220MM pre-tax, or about $200MM after tax. Net loss estimate for Mexican earthquakes is $25MM pre-tax, or about $24MM after-tax.

$CB {{ '2017-10-02T14:18:11+0000' | timeago}} • Announcement

$CB appointed Hannah Hosking as Head of Distribution - Independent Brokers UK&I, and Steve Bear as Independent Broker Team Manager - London Corporate.

$CB {{ '2017-09-27T20:36:22+0000' | timeago}} • Announcement

$CB, an insurance company, has announced preliminary loss estimates in 3Q17 attributable to Hurricanes Harvey and Irma. The insured losses for Hurricane Harvey are currently estimated at approx $650MM pre-tax, or $520MM after tax and for Hurricane Irma in the range of $800MM to $950MM pre-tax, or $640MM to $760MM after tax.

$CB {{ '2017-09-27T13:58:48+0000' | timeago}} • Announcement

$CB appointed Louisa Lombardo as Head of Diversity and Inclusion, Europe, Eurasia and Africa. In this newly-created role, Louisa will be responsible for developing and delivering the diversity and inclusion strategy for Chubb across the two regions. Louisa will report into Kate Richards, SVP, Human Resources, Europe, Eurasia and Africa.

$CB {{ '2017-09-25T12:41:16+0000' | timeago}} • Announcement

$CB's Chubb Insurance Pakistan appointed Humzah Chaudhri, currently CFO of Chubb Insurance Pakistan Ltd., as CEO with effect from Oct. 1, 2017. This follows appointment of Syed Umer Ali Shah, as Chairman of Chubb Pakistan, which was effective Aug. 8. Both Humzah and Umer will succeed Zehra Naqvi who is retiring from her post as CEO and Chairman.

$CB {{ '2017-09-11T18:19:18+0000' | timeago}} • Announcement

$CB said it intends to locate its European Union headquarters in France if the UK leaves the EU as expected in March 2019. The company has taken this decision as it is contingent on receiving all required regulatory and other governmental approvals. Post-Brexit, $CB will continue to have a material presence in London.

$CB {{ '2017-08-16T18:20:15+0000' | timeago}} • Announcement

$CB, an insurance company, has named Liz Daly as SVP and House Counsel Manager for its North America Claims Organization. In her new role, she will oversee 18 House Counsel offices in the US and Canada and report to Jeffrey Miller, EVP, Senior Claim Officer, North American Claims. Daly succeeds Patrick Hoey who will retire at the end of Aug, 2017.

$CB {{ '2017-08-15T18:05:39+0000' | timeago}} • Announcement

$CB named Barbara Sandelands as EVP and Customarq package Product Manager for its commercial insurance division in North America. In this role, she will be responsible for profit and loss, product and system development, and distribution management of the Customarq package policy. She joins Chubb from $CNA and will report to EVP Paul Lewis.

$CB {{ '2017-08-11T12:38:32+0000' | timeago}} • Announcement

$CB BoD declared a quarterly dividend of $0.71 per share, payable on Oct. 20, 2017 to shareholders of record at the close of business on Sept. 29, 2017.

$CB {{ '2017-07-31T18:12:29+0000' | timeago}} • Announcement

$CB has appointed Marc Scheidegger and John Latter as Claims Director, Continental Europe, and Claims Director, UK and Ireland, respectively. Scheidegger will be based in Paris and Latter in London. Both will report to Steve Parry, Director of Claims, Europe and Eurasia & Africa. Kevin Smith is new European Claims Service Manager of the company.

$CB {{ '2017-07-26T19:50:06+0000' | timeago}} • Webcast

$CB said that on the cost savings target and the reinvestment plan, the cost saving is spread broadly across the organization and its fundamentally not in the underwriting units or in sales and marketing, it's more in support operations and personal cost related. On the reinvestment plan, the company added that it is doing it across the company.

$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.

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