Wharton and Chubb Award Certified Advisor of Personal Insurance Designations to Agents
PHILADELPHIA, Dec. 12, 2018 /PRNewswire/ -- The Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania and Chubb have awarded the Certified Advisor of Personal Insurance (CAPI) designations to 38 agents and brokers. Following 12 months of study, program participants must complete a capstone project to demonstrate their mastery of the curriculum. To date, there are 174 insurance professionals who hold the prestigious designation.
With the third-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the fourth quarter. One of these stocks was Chubb Limited (NYSE:CB). Chubb Limited (NYSE:CB) was in 30 hedge […]
Chubb Introduces Gap Supplement Insurance to Help Offset Rising Out-of-Pocket Medical Expenses for Consumers
Posted on Dec 5, 2018 (9 days ago)
WHITEHOUSE STATION, N.J., Dec. 5, 2018 /PRNewswire/ -- Chubb has introduced its new Gap Supplement Medical plan – an enhanced supplemental healthcare insurance product designed to reimburse consumers for qualifying out-of-pocket expenses not reimbursed by their medical insurance plans. Chubb is among the few property and casualty companies to incorporate gap supplement insurance into its product suite to help provide customers with more comprehensive benefits and plan flexibility. Due to the rise in employer-sponsored, high-deductible health plans (HDHPs), consumers are becoming increasingly responsible for larger co-payment and co-insurance amounts and higher plan deductibles.
Chubb Announces Preliminary Fourth Quarter 2018 Net Catastrophe Loss Estimates Related to the California Wildfires of Approximately $225 Million Pre-Tax, or $195 Million After Tax
Posted on Dec 3, 2018 (10 days ago)
ZURICH, Dec. 3, 2018 /PRNewswire/ -- Chubb Limited (CB) today announced preliminary net loss estimates in the fourth quarter of 2018 attributable to the California wildfires of approximately $225 million pre-tax, or $195 million after tax. These estimates do not include losses from Hurricane Michael or other weather events occurring globally in the quarter. The company believes its estimated losses from Hurricane Michael are currently at the upper end of the range of $150 million to $250 million pre-tax that was previously disclosed. Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.
Chubb Limited Board Declares Quarterly Dividend and Authorizes Share Repurchase Program
Posted on Nov 15, 2018 (29 days ago)
ZURICH, Nov. 15, 2018 /PRNewswire/ -- The Board of Directors of Chubb Limited (NYSE: CB) today declared a quarterly dividend equal to $0.73 per share, payable on January 11, 2019 to shareholders of record at the close of business on December 21, 2018. The dividend will be payable out of legal reserves and will be made in United States dollars by the company's transfer agent, as described in the Chubb Limited 2018 proxy statement. This will be the third installment as approved by the company's shareholders on May 17, 2018. The Board also announced authorization of a share repurchase program of up to $1.5 billion from December 1, 2018 through December 31, 2019. The company's current share repurchase authorization will remain effective through December 31, 2018 and while effective would be used in advance of the share repurchase authorized today.
The Nature Conservancy and The Chubb Charitable Foundation work together to reduce risk along Miami's vulnerable coastline
Posted on Nov 15, 2018 (29 days ago)
MIAMI, Nov. 15, 2018 /PRNewswire/ -- The Nature Conservancy, the world's largest conservation organization, and Chubb, the world's largest publicly traded property and casualty insurer, announced their intention to work together in Miami to reduce the risk from storm impacts and rising sea levels along one of our country's most vulnerable shorelines. The collaboration, funded by a $1 million grant from the Chubb Charitable Foundation, includes a restoration and resilience project in Miami-Dade County to demonstrate the flood protection benefits of nature-based solutions.
Research from Chubb and The National Center for the Middle Market Identifies Top Risks Facing Manufacturers
Posted on Nov 13, 2018 (31 days ago)
WHITEHOUSE STATION, N.J., Nov. 13, 2018 /PRNewswire/ -- A study from Chubb and The National Center for the Middle Market (NCMM) finds that although manufacturing is experiencing growth, there are many interconnected challenges leading to new risks. The research also suggests that manufacturers may not be fully prepared to confront some of these new and emerging risks, including financial and competitive challenges, cybersecurity exposures, regulatory uncertainties, advanced manufacturing techniques and workforce development issues.
Combined Insurance Hosts Veteran Employment Summit and Panel Discussion in Partnership with Luke's Wings
Posted on Nov 12, 2018 (31 days ago)
CHICAGO, Nov. 12, 2018 /PRNewswire/ -- Combined Insurance, a leading provider of individual supplemental accident, disability, health, and life insurance products, and a Chubb company, held a veteran employment summit and panel discussion alongside Luke's Wings, a military-veteran charitable partner of the company. "Veterans have unique skills that are valuable in the workplace, but those skills may be underutilized if employers do not have military experience," said Bob Wiedower, VP of Sales Development and Military Programs at Combined Insurance. "That can be challenging to veterans as they seek employment after their military service.
NEW YORK, Nov. 6, 2018 /PRNewswire/ -- Today, Dashlane announced a partnership expansion with Chubb, the world's largest publicly traded property and casualty insurance company. Building on a successful North American partnership, Chubb cyber business policyholders in Europe will now receive a complimentary Dashlane Premium license as part of their policy benefits, with other regions available soon. The innovative partnership is part of Chubb's Cyber Services program, helping policyholders identify and mitigate key cyber exposures.
The government requires hedge funds and wealthy investors with over a certain portfolio size to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings level the playing field for ordinary investors. The latest round of 13F filings discloses the funds’ positions on June […]
Chubb Charity Challenge Raises More than $900,000 This Year, and More than $15 Million To-Date for Charities in the U.S. and Canada
Posted on Nov 5, 2018 (39 days ago)
The team from JLT Specialty USA – winners of the White Plains/Albany, NY regional event – has been crowned champions of the 19th annual event, and will present a $50,000 check to Berkshire Farm Center & Services for Youth of Canaan, NY. This year, a total of 359 teams participated in the Chubb Charity Challenge, and more than $300,000 of the $900,000 has already been distributed to charities across the U.S. and Canada. "The Chubb Charity Challenge underscores Chubb's commitment to philanthropy and building stronger connections within our communities," said Chris Maleno, Division President, Chubb North America Field Operations.
Chubb Whitepaper Underscores Best Practices around Helping Industrial Companies Reduce Insurance Costs While Elevating Quality, Consistency of Coverage
Posted on Nov 1, 2018 (42 days ago)
WHITEHOUSE STATION, N.J., Nov. 1, 2018 /PRNewswire/ -- Chubb issued a new whitepaper that examines the cost, benefits and efficiencies associated with Maintenance Owner Controlled Insurance Programs (OCIP), known as "Wrap-Ups," which consolidate insurance for all maintenance contractors into a single insurance program. This practice is commonly used by construction site owners and contractors to more efficiently insure everyone on the jobsite, while helping to lower costs and improve worksite safety. Chubb Construction is sharing these learnings with other industries to ensure they are able to secure higher quality and consistent coverage, and achieve better control over plant safety, loss control and risk management.