- 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