Chubb

The production company behind the Apple TV+ show starring Jennifer Aniston sues Chubb for $44mn over denied pandemic losses.

The settlement agreement was restructured on July 1 and includes terms that allow the BSA to emerge from bankruptcy, while compensating victims and requiring insurers to abide by the terms of policies purchased by the BSA.

Poliquin will oversee product, business development, underwriting operations, and overall profit and loss performance for Chubb’s property and casualty businesses in Latin America.

While the pandemic offered some relief to commercial auto insurers, maintaining margins will be tricky to achieve given rate moderation.

The franchise builder's call to pivot to a big buyback post-Hartford bid flags the challenges of M&A at its scale.

The new repurchase authorization will follow an existing buyback program of $2.5bn, of which there is a remaining $65mn.

McLaughlin succeeds Dean Andrighetto, who is retiring.

The read-across from the extreme weather to losses is not simple and insurers may do better than would be assumed.

Following strong year-to-date performance, P&C stocks were down in June after a change of tone in a Fed meeting.

The Boy Scouts of America (BSA) and lawyers for sexual assault victims are close to a settlement in the largest bankruptcy case ever filed over childhood abuse, according to a report in the Wall Street Journal.

New CEOs were not able to consistently create higher book value growth than their predecessors, and any growth achieved wasn’t maintained after five years.

The long-serving Chubb executive will assist the new CFO from the newly created position.