Two-thirds (67%) of middle market firms say they are faring much or somewhat better than they were prior to COVID-19, but evolving exposures remain a concern
Record Full-Year Per Share Net Income and Core Operating Income of $19.27 and $12.56, Up 147.4% and 71.8%, Respectively; Consolidated Net Premiums Written of $38 Billion, Up 12%, with Commercial Lines Up 17.7%
TechAssure's insurance agent and broker members cite supply chain disruption as one of many areas of concern, opportunity for technology and life sciences clients
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
Full-Year Per Share Net Income and Core Operating Income of $7.79 and $7.31, Respectively, with Net Catastrophe Losses Per Share, Including COVID-19, of $6.12 Versus $2.11 Prior Year