Chubb
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Property rates remain adequate, although price increases are tailing off. -
There is a high likelihood the property claim will be subrogated.
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The value of the bridge is estimated at $1.2bn.
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However, it doesn't prove a mutual is a wrong concept for the cyber market.
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The project is not immediately moving forward due to lack of client demand.
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This publication revealed Chubb was planning to re-enter the London TL market.
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Mo joins from Chubb, where she was country manager for Sweden.
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Strong reinsurance results have absorbed long-tail reserve charges.
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Chubb withdrew from writing transactional risk in London and all territories outside the US in 2020.
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The newly created role will see Frederico Spagnoli oversee Chubb’s consumer lines in 51 countries.
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Chubb declared at the last minute that it would not contest the English court’s jurisdiction, in contrast to every other reinsurer being sued by aircraft lessors.
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The newly launched offering will cover media liability, cyber, property, terrorism, casualty and legal expenses.
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