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Chubb
Chubb net income up 149.2% to US$1.09 billion in Q1 2017
April 26, 2017 by Canadian UnderwriterChubb Limited has reported a 149.2% increase in net income for the first quarter of 2017 ending March 31, from US$439 million in Q1 2016 to US$1.09 billion in the most recent quarter. Operating income was US$1.17 billion, up 15.3%…
New president and CEO announced for CNA Canada
April 25, 2017 by Canadian UnderwriterCNA Financial Corporation announced on Tuesday the appointment of Nick Creatura to president and chief executive officer of CNA Canada. Creatura will be responsible for “executing profitable growth strategies” for the global insurer’s Canadian operations, CNA said in a press…
Chubb to provide complimentary identity management services to Canadian personal lines customers
March 28, 2017 by Canadian UnderwriterChubb has announced a partnership with identity management and data theft service experts CyberScout to offer a fully complimentary array of identity management services to all Masterpiece homeowners in Canada. Chubb said in a press release that Cyberscout services provide…
‘Demand remains strong’ for high film production insurance limits in Canada: Chubb
March 15, 2017 by Canadian UnderwriterFalls from heights and the use of expensive antiques on sets are among the risks that film production firms should keep in mind when working in foreign locations, Chubb Ltd. said in a report released Tuesday. “When producers choose a…
Insurance providers ‘need to go further’ to understand needs of high net worth individuals: Chubb
March 14, 2017 by Canadian UnderwriterMore than 50% of high net worth individual responding to a recent survey said they were worried about being underinsured, but fewer than one in five look for insurance providers that are experts in the field, Chubb Ltd. suggested in…
Chubb expands global cyber facility with multi-line peril endorsements
February 14, 2017 by Canadian UnderwriterChubb has announced the availability of new property and casualty endorsements for its Global Cyber Facility aimed at helping risk managers and chief information security officers (CISOs) address exposure gaps in their organizations’ insurance portfolios and best respond to C-suite…
Chubb enhances Master Equipment Breakdown insurance policy for Canadian customers
February 7, 2017 by Canadian UnderwriterChubb announced on Tuesday that is has enhanced its Masterpiece Equipment Breakdown insurance policy to “better protect customers against problems associated with the sudden or accidental breakdown of residential equipment.” Available to customers with an existing Canadian Masterpiece Homeowners, Condominium…
Chubb expands Signature Suite to personal insurance customers in Canada
January 31, 2017 by Canadian UnderwriterChubb Insurance Company of Canada announced on Tuesday that it has expanded its Signature Suite to personal insurance customers in Canada. Chubb said in a press release on Tuesday that it has launched an array of complimentary services for its…
Gasoline, alcohol sales, food preparation among special risks for supermarkets: Chubb
January 24, 2017 by Canadian UnderwriterChubb Ltd. is advising supermarket operators in the United States who sell alcohol to consider limiting the amount of alcohol a customer can buy and to watch parking lots to ensure customers are not drinking. In a report released Monday,…
Chubb expands suite of cyber loss mitigation services for Canadian and U.S. policyholders
December 22, 2016 by Canadian UnderwriterChubb announced on Thursday an expanded suite of cyber loss mitigation services is now available to help the company’s policyholders in Canada and the United States reduce the impact and likelihood of a cyber incident. According to a press release…
Chubb introduces Cyber COPE, a new model for underwriting cyber insurance
December 13, 2016 by Canadian UnderwriterChubb announced on Tuesday that it has introduced Cyber COPE, a new model for underwriting cyber insurance that is intended to simplify and improve the assessment of both cyber and privacy risks. Authored by Ross Cohen, director of cyber/privacy services…
Chubb releases new suite of liability coverages for family offices in Canada
November 8, 2016 by Canadian UnderwriterChubb announced on Tuesday that it has released a new suite of insurance coverages to help family offices face liability exposures. “Family Office Amplifier is a flexible package of coverages that includes specialized terms and conditions that reflect today’s evolving…