Welcome to our dedicated page for Chubb news (Ticker: CB), a resource for investors and traders seeking the latest updates and insights on Chubb stock.
Chubb Limited (CB) is a global leader in insurance underwriting and risk management solutions, serving clients across 54 countries. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and strategic initiatives.
Access the latest press releases, earnings announcements, and market insights to stay informed about Chubb’s operations in commercial insurance, reinsurance, and specialty risk coverage. Our curated collection prioritizes official statements and verified updates, offering a comprehensive view of the company’s position in the insurance sector.
Key content categories include quarterly financial results, leadership changes, product innovations, regulatory compliance updates, and strategic partnerships. All materials are organized chronologically to help users track evolving market dynamics affecting Chubb’s diverse business segments.
Bookmark this page for streamlined access to Chubb Limited’s most critical updates. Combine these resources with broader market analysis to inform your understanding of the company’s operational resilience and growth trajectory in the global insurance landscape.
Chubb, Zurich North America, and National Indemnity have launched a groundbreaking excess casualty facility offering up to $100 million in claims-made excess casualty coverage for large companies. The facility, effective July 1, 2025, represents a unique collaboration between three major insurers to address the increasingly hostile litigation environment facing large corporations. The solution provides excess umbrella liability coverage underwritten by Chubb and Zurich, with National Indemnity Company serving as lead reinsurer.
Key benefits include streamlined insurance acquisition through a single access point, administrative efficiencies, consistent coverage terms, and expert claims handling. This initiative aims to stabilize capacity in the excess casualty market while providing sustainable protection against legal challenges.
Chubb (CB) reported Q1 2025 financial results with net income of $1.33 billion ($3.29 per share) and core operating income of $1.49 billion ($3.68 per share). Consolidated net premiums written reached $12.6 billion, up 5.7% in constant dollars.
The quarter was significantly impacted by catastrophe losses of $1.64 billion, primarily from California wildfires ($1.47 billion). The P&C combined ratio was 95.7%, or 82.3% excluding catastrophe losses. P&C net premiums written grew 5.0% in constant dollars to $10.93 billion.
Key highlights include:
- Life Insurance net premiums up 10.3% in constant dollars to $1.72 billion
- Pre-tax net investment income increased 12.2% to $1.56 billion
- Book value per share increased 2.7% to $164.01
- Total capital returned to shareholders: $751 million via share repurchases ($385 million) and dividends ($366 million)
Chubb (NYSE: CB) has scheduled its first quarter earnings conference call for Wednesday, April 23, 2025, at 8:30 a.m. Eastern. The company plans to release its Q1 earnings report and financial supplement after market close on Tuesday, April 22, 2025.
The earnings call will be accessible through a live webcast on the company's investor website and via telephone. U.S. participants can dial 877-400-4403, while international callers should use 332-251-2601, with passcode 1641662. A replay of the call will be made available on the company's website.
Chubb (NYSE: CB) has announced the formation of a new North America Small & Lower Midmarket division, merging its Lower Middle Market and Digital Small Business divisions. The restructuring aims to create a more integrated approach to serving small and lower middle market segments.
The company has appointed Rob Poliseno as Division President and Jason Ranucci as Chief Operating Officer of the new division. Poliseno, with 28 years of industry experience including 17 at Chubb, will report to Ben Rockwell, Division President of North America Middle Market. Ranucci, who has 17 years of insurance experience, will oversee P&L management, underwriting, product, pricing, and analytics.
The new division will leverage a modern, automated, and data-centric digital operating model to offer comprehensive coverage including P&C, Financial Lines, Cyber, Multinational, and Accident & Health insurance. Agents will have access to both fully digital/automated experiences and digitally augmented service models.
Chubb (NYSE: CB) has announced agreements to acquire Liberty Mutual's Property & Casualty insurance operations in Thailand and Vietnam. The acquisition targets LMG Insurance (Thailand) and Liberty Insurance (Vietnam), which collectively generated $275 million in net premiums written in 2024.
The acquired businesses offer diverse consumer and commercial P&C products, including Automotive, Accident & Health, and Non-Motor insurance such as fire/property and industrial all-risk coverage. The operations feature an extensive distribution network comprising 56 branches, 2,600 brokers and agents, and 26 finance partners.
While financial terms remain undisclosed, the transactions are scheduled for completion in Q2 2025 for Thailand and late 2025/early 2026 for Vietnam, subject to regulatory approvals and customary closing conditions.
Westchester, Chubb's Excess and Surplus Lines Division, has appointed Alex Faynberg as Executive Vice President and Head of Healthy Paws, effective March 3, 2025. Faynberg, currently Division President of Chubb Workplace Benefits (CWB), will oversee the pet insurance company's market expansion, underwriting, and operational priorities.
Faynberg brings over 20 years of insurance industry experience, including nine years in key leadership roles at Chubb. As CWB Division President since 2022, he established it as one of the fastest-growing large voluntary benefits carriers. Previously, as Senior Vice President and Chief Actuary at Combined Insurance, he led product innovation and business growth.
Chubb (NYSE: CB) has announced that its Board of Directors will recommend a significant dividend increase at the 2025 Annual General Meeting, marking the company's 32nd consecutive annual dividend increase. The proposed annual dividend of $3.88 per share will be paid in four quarterly installments of $0.97 per share, up from the current quarterly payment of $0.91.
The Board has also declared a quarterly dividend of $0.91 per share, payable on April 4, 2025, to shareholders of record as of March 14, 2025. This payment represents the fourth installment as approved by shareholders on May 16, 2024, and will be distributed in US dollars from legal reserves through the company's transfer agent.
Chubb (NYSE: CB) has announced significant leadership changes effective April 1, 2025. Ana Robic, currently Division President of Personal Risk Services (PRS) in North America, has been appointed Regional President of Europe, Middle East and Africa. She succeeds David Furby, who transitions to Executive Chairman of the region.
In her new role, Robic will oversee Chubb's European operations, including the UK, continental Europe, Chubb Global Markets, Middle East and Africa, reporting to Paul McNamee. Furby will maintain executive oversight of strategy and governance while continuing as a board member and chair of the Underwriting Risk Committee.
Melissa Scheffler, currently Chief Operating Officer of PRS, will be promoted to Division President of PRS North America and Vice President of Chubb Group, reporting to Juan Luis Ortega.
Chubb has announced key leadership changes in its Global Casualty division for North America Major Accounts. Seth Gillston has been appointed as Executive Vice President and Head of Global Casualty for Major Accounts in North America, while Lou Capparelli will transition to the role of Chairman of Global Casualty.
Gillston, who joined Chubb in 2000 and brings nearly 30 years of insurance industry experience, will oversee the division's day-to-day operations, including domestic casualty insurance coverage for large national and multinational companies. His responsibilities encompass production strategies, product development, and profit and loss performance. Based in New York City, he will report to Matt Merna, Senior Vice President, Chubb Group and Division President, North America Major Accounts.
Capparelli, who has been with Chubb since 2002 and has led the Global Casualty business unit since 2017, will work alongside Gillston to enhance capabilities and service offerings, focusing on aligning global casualty strategies with distribution partners' and clients' needs.
Chubb (NYSE: CB) reported strong Q4 2024 and full-year financial results. Q4 net income was $2.58 billion ($6.33 per share), with core operating income of $2.45 billion ($6.02 per share). Global P&C net premiums written grew 6.7%, with commercial insurance up 6.4% and consumer insurance up 7.5%.
For full-year 2024, the company achieved record results with net income of $9.27 billion ($22.70 per share) and core operating income of $9.20 billion ($22.51 per share). P&C underwriting income reached a record $5.85 billion with a combined ratio of 86.6%. Global P&C net premiums written increased 9.6% year-over-year.
The company reported strong performance across all major income sources: P&C underwriting, investment income, and life insurance. Book value per share increased 8.8% from December 2023, while tangible book value per share grew 14.1%. The company returned $3.48 billion to shareholders through share repurchases and dividends during 2024.