Chubb
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QBE Europe’s UK surety manager Tom Johnson is leaving the company and looks set to join Chubb, Insurance Insider can reveal. -
Shareholders approved a second proposal asking for a report detailing how Chubb is addressing greenhouse gas emissions.
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Plus this week’s Q1 results and all the top news of the week.
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The carrier split its specialty composite treaty into two contracts to get its programme home.
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The carrier has extended the limit to $1.275bn for the year to 31 March 2023.
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The figure was partially offset by $15mn of pre-tax unrealized gains, bringing a total net realized and unrealized loss of $58mn.
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The new lead underwriter has almost 30 years’ experience including stints at Chubb, Faraday and Howden.
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Chubb has also received demands from shareholders for more information on its climate-related policies.
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The appointment comes after Allison Wilkinson departed Chubb to join Convex.
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The insurer expects to close the transaction during 2022 upon Chinese regulatory approvals.
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The senior underwriting figure will lead one of the bigger aviation portfolios in the London market.
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Nathalie Meyer, Nikolay Dmitriev and Christian Graber have been promoted to fill Dawn Miller’s shoes, was she leaves to join Lloyd’s as commercial director.
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