Chubb
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The former UK life sciences manager replaces Karen Strong, who has left the business.
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The Swiss carrier has agreed to purchase an additional 15 percent stake in the Chinese group and plans on taking another 7.1 percent slice. -
The former Chubb global markets president fills the post left vacant by Paul Culham.
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Jason Keen will take over from Matthew Shaw, who is leaving the company.
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Now is the time to prove the growth rationale behind the 2015 Ace-Chubb merger, Inside P&C analysts said.
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The CEO says pricing on London wholesale lines was up 17 percent in the quarter.
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Chubb’s combined ratio improved by 0.7 percentage points to 90.2 percent.
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The executive will head operations for the medium-sized business insurance segment.
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Size of payout will depend on whether CBI sub-limit of $100mn holds, with insured seeking $450mn.
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Three underwriters have been put under consultation as a result of the decision.
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Joe Vasquez takes on the role as Kevin Goulding retires.
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AIG, Chubb, Markel, Swiss Re and Zurich are among the carriers which face potential losses from the tour operator's collapse.
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