Chubb
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ATI counts 16 African nations and the European Investment Bank among its shareholders.
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Ben Rockwell, James Williamson and Alex Wells have taken new leadership roles at Chubb’s North America business. -
Significant uncertainty remains over the final loss quantum to the property policy.
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The executive has held casualty positions at AIG, Ironshore and Endurance.
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The fundraising was designed “for general corporate purposes”, including possible strategic investments or acquisitions.
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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.
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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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