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Chubb Appoints Peter Kelaher Division President of Continental Europe, Middle East and North Africa
Prnewswire· 2024-07-16 06:45
Key Announcement - Peter Kelaher has been appointed Division President of Continental Europe, Middle East and North Africa, effective 1 September 2024, subject to regulatory approval [3][4] - Kelaher will oversee executive operations in 24 countries across the region and report to David Furby, Senior Vice President and Regional President Europe, Middle East and Africa [3][4] - Kelaher succeeds Sara Mitchell, who will be leaving the company [7] Peter Kelaher's Background - Kelaher brings over 20 years of insurance industry experience, including more than 15 years at Chubb [5] - He has led the growth of Chubb's commercial and consumer businesses in Australia and New Zealand, driving distribution, technology, and product innovation [1][5] - Kelaher joined Chubb Australia in 2007 as a Senior Underwriter and held increasingly senior roles before becoming Country President for Australia & New Zealand [5] - He holds a bachelor's degree in Laws and International Business from the University of Technology, Sydney [6] Chubb's Global Presence - Chubb operates in 54 countries and territories, offering commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance [8] - The company is known for its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, and local operations globally [8] - Chubb Limited, the parent company, is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index [8] - The company employs approximately 40,000 people worldwide and maintains executive offices in Zurich, New York, London, Paris, and other locations [8]
Chubb Enterprise Technology Ecosystem Analysis Report 2024: Technology Initiatives and Investments, Partnerships, Product Launches, and Tech Operations
GlobeNewswire News Room· 2024-07-15 14:25
The report provides comprehensive information and insights into Chubb's technology activities, including its digital transformation strategies and innovation programs. It offers an overview of Chubb's technology initiatives, covering partnerships, product launches, and technology investments. Each technology initiative is detailed with insights into the technology theme, objectives, and benefits, providing a clear understanding of the strategic intent and expected outcomes. Additionally, the report includes ...
Chubb (CB) Rises Higher Than Market: Key Facts
ZACKS· 2024-07-10 22:52
The most recent trading session ended with Chubb (CB) standing at $256.32, reflecting a +1.18% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 1.02%. Elsewhere, the Dow gained 1.09%, while the tech-heavy Nasdaq added 1.18%. Analysts and investors alike will be keeping a close eye on the performance of Chubb in its upcoming earnings disclosure. The company's earnings report is set to go public on July 23, 2024. The company is predicted to post an EPS of $5.14, i ...
Chubb Reorganizes Latin American Region into Three Sub-Regions; Appoints Leaders for Each Territory
Prnewswire· 2024-07-10 12:30
Region now comprises Northern Latin America, Southern Latin America and Brazil ZURICH, July 10, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced changes to its Latin America region's structure and leadership. To better serve customers and distribution partners, and to take full advantage of future growth opportunities throughout Latin America, the company has reorganized the region into three sub-regions – Northern Latin America, Southern Latin America and Brazil – and appointed leaders for eac ...
Chubb Appoints David Lupica Vice President, Chubb Group and President of Westchester, Company's Wholesale E&S Business in North America
Prnewswire· 2024-07-10 12:30
Chubb appoints David Lupica Vice President, Chubb Group and Division President of WestchesterChubb appoints David Lupica Vice President, Chubb Group and Division President of Westchester "It is a pleasure and honor to announce that Dave Lupica will lead Chubb's wholesale E&S operations in North America," said Ortega. "Westchester is a market leader that writes $4 billion in premiums annually, and Dave is a highly regarded executive, well known in the E&S business. Dave has truly earned this recognition and ...
Ana Robic and Ben Rockwell Appointed Senior Vice President, Chubb Group; Company Announces Leadership for North America Lower Middle Market and Small Commercial Segments
Prnewswire· 2024-07-10 12:30
Executive Appointments - Jason Ranucci has been named Head of North America Lower Middle Market, responsible for strategy, underwriting, and P&L for the lower middle market segment while maintaining executive underwriting responsibilities over Small Commercial [1] - Jeffrey Updyke appointed as Executive Vice President, North America Commercial Insurance & Digital Distribution, focusing on expanding Chubb's reach in the lower middle market and small commercial segments through broker distribution partners [1] - John DePeters appointed as Chief Underwriting Officer, Small Commercial, responsible for underwriting and portfolio management for North America Small Commercial Insurance [6] - Ana Robic and Ben Rockwell promoted to Senior Vice President, Chubb Group, retaining their current responsibilities as Division Presidents of North America Personal Risk Services and North America Middle Market respectively [5] Executive Backgrounds - Jason Ranucci joined Chubb in January 2023 as Global Chief Underwriting Officer, Small Commercial, with over 15 years of experience in commercial and personal lines at Travelers and corporate development at Aetna [11] - Jeffrey Updyke has over 30 years of insurance experience at Chubb, having held various leadership roles including Head of North America Lower Middle Market and Division President, Chubb Small Business [12] - John DePeters joined Chubb in 2013, with experience in cyber, technology, and media underwriting, and has held leadership roles in Asia-Pacific and North America [3] - Ana Robic has over two decades of insurance experience, serving as Division President, North America Personal Risk Services since 2021 and previously as Chief Operating Officer of the business [9] - Ben Rockwell has over 25 years of insurance experience, appointed Division President, North America Middle Market in 2019, with a career spanning various underwriting and leadership roles at Chubb [10] Company Overview - Chubb is a global insurance leader with operations in 54 countries and territories, offering commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance [4] - The company is known for its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, and local operations globally [4] - Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index, with executive offices in Zurich, New York, London, Paris, and other locations, employing approximately 40,000 people worldwide [4] Strategic Focus - The appointments aim to strengthen Chubb's leadership in the lower middle market and small commercial segments, leveraging the expertise of Jason Ranucci and Jeffrey Updyke to drive profitable growth [15] - Ana Robic and Ben Rockwell's promotions recognize their outstanding leadership in Chubb's core franchises, including Personal Risk Services and Commercial Insurance, with plans to continue growing these businesses [8]
Chubb Limited to Hold its Second Quarter Earnings Conference Call on Wednesday, July 24, 2024
Prnewswire· 2024-06-27 18:00
About Chubb The company expects to issue its second quarter earnings release and financial supplement after the market closes on Tuesday, July 23, 2024. These documents will be available on the company's investor website at investors.chubb.com. ZURICH, June 27, 2024 /PRNewswire/ -- Chubb Limited (NYSE: CB) will hold its second quarter earnings conference call on Wednesday, July 24, 2024, at 8:30 a.m. Eastern. Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provid ...
Chubb Limited (CB) Is a Trending Stock: Facts to Know Before Betting on It
ZACKS· 2024-06-26 14:05
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Chubb (CB) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's p ...
Why the Market Dipped But Chubb (CB) Gained Today
ZACKS· 2024-06-24 22:50
Shares of the insurer witnessed a loss of 0.06% over the previous month, beating the performance of the Finance sector with its loss of 1.77% and underperforming the S&P 500's gain of 2.73%. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $21.15 per share and revenue of $54.96 billion, indicating changes of -6.17% and +7.66%, respectively, compared to the previous year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. ...
Is It Too Late to Buy Chubb Stock?
The Motley Fool· 2024-06-23 13:15
Chubb checks many boxes for investors looking to invest in a well-run company that consistently delivers. However, after getting a boost from Berkshire, the stock has increased 36% over the past year. Is it too late for investors to add the insurer today? To learn more, let's dive into its business, valuation, and outlook. One measure that gets to the core of the insurance business is the combined ratio. This ratio takes the total claims costs plus expenses associated with writing policies and divides them ...