With Chubb's support, Betterfly's purpose-driven benefits program will encourage healthy habits and increase access to insurance protection across Mexico, Colombia, Ecuador, Chile, and Argentina.
- Net income for the quarter was strong at $1.83 billion versus $1.19 billion prior year, and core operating income was $1.16 billion versus $907 million prior year. Record per share net income and core operating income through nine months were $14.33 and $8.78, respectively.
- Acquisition further balances Asia's share of Chubb's global portfolio - from approximately $4 billion to $7 billion in net premiums written, or approximately 20% of the company (excluding China)
Matt Booker appointed head of Westchester Property and Inland Marine; Bob Meyer to take on newly created role as Executive Vice President, North America Property
- Net income was strong at $2.27 billion versus a net loss of $(331) million prior year, and core operating income was a record $1.62 billion versus a core operating loss of $(254) million prior year.
Cyber criminals stole more than $28 billion through email fraud from 2016-2020, according to FBI; new Chubb paper urges companies to reevaluate their business procedures and invest in updated technology defenses to help reduce exposures
Michael Mollica to Lead Private/Not-For-Profit Management Liability Business; Stephen Troiano to Head Financial Institutions Management Liability Business