Chubb
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The insurer led the pack with a 16 percent share of the cyber market last year, according to a new report.
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Coverage options are now becoming more standard after years of expansions for new risks, Chubb’s cyber product leader said. -
The appointment follows a spate of moves in the hardening aviation market.
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Chubb, Allstate and Liberty Mutual are among insurers seeking reimbursement for claims from the utility.
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Angus Roberts will report to Chubb’s aviation CUO John Wadhams.
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Chubb CEO sees market as “rational” and expects “continued forward momentum”.
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The insurer's first quarter results were in line with Wall Street expectations.
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Market sources anticipate a claim of more than $7.5mn for the Shangri La Hotel.
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London-based D&O writers have “woken up” to the threat of creeping claims frequency and severity, sources said.
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Insider Sara Mitchell replaces David Robinson, who is taking a sabbatical.
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Jonathan Kennett will lead the operation following the fusion of the UK and Ireland and Chubb Global Markets teams.
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The preliminary figure includes an estimated $30mn in legal costs.
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