Chubb
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Chubb’s former European head of political risk and credit will co-lead the unit alongside Navaid Farooq.
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Chubb and CNA fell by 7 percent, while AIG closed the day down 10 percent.
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Allianz, Chubb and WRB are among the carriers that oppose the centralisation of BI claims.
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In a note to staff, the Chubb CEO also said that civil society is a participant sport.
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The insurance executive expects losses related to Covid-19 to exceed $100bn for the industry.
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Daiichi secures an anti-suit injunction against the insurer regarding a claim for damage to cargo of iron ore in 2014.
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Michelle McLaughlin will lead the division and report to Ben Rockwell.
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A public insurance certificate unearthed by Reuters shows that the insurers are involved despite pledges to fight climate change.
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Peter Bremner will also be Eurasian and African financial lines head.
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The case brought by a New Jersey restaurant comes as part of a wave of litigation by hospitality businesses against their insurers.
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Robert Wilson was previously business development manager for the global markets unit.
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Annmarie Hagan has taken over from outgoing chief accounting officer Paul Medini.
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Daily Digest: Top news from 20 May
20 May 2025