Chubb
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The executive has been with the firm for 30 years. -
The value of the bridge is estimated at $1.2bn.
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This publication revealed Chubb was planning to re-enter the London TL market.
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Choosing to shrink a money-losing business when necessary is “a strength”.
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On average, revenue was up 12.4% for the year, but expansion plans are slowing.
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Commercial carrier earnings continue to show mixed prior-year development.
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Chubb elevates Gillston to EVP, head of NA industry practices
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High frequency and severity have been more acute in exposure with wheels.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The insurer recorded lower cat losses and higher favorable development.
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Prior to his new role, which Matt Prevost began this month, the exec spent nearly 10 years as Chubb’s SVP, cyber and product line manager.
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The newly created role will see Frederico Spagnoli oversee Chubb’s consumer lines in 51 countries.
