Chubb Ltd. (C1BL34)

Overview

Chubb Limited, headquartered in Zurich, Switzerland, is a global provider of insurance and reinsurance products. The company operates across multiple segments, catering to a vast spectrum of clients ranging from large corporations to affluent individuals and families. Initially known as ACE Limited, the company underwent a rebranding to Chubb Limited in January 2016. Established in 1985, Chubb has grown to offer a broad array of insurance solutions worldwide, leveraging a network of insurance and reinsurance brokers to market its products effectively.

Products and Services

North America Commercial P&C Insurance: This segment offers an extensive range of products including commercial property, casualty, workers' compensation, and package policies. It also covers risk management, financial lines, marine, construction, environmental, medical risk, cyber risk, surety, and casualty insurance, catering to the needs of large, middle market, and small commercial businesses.

North America Personal P&C Insurance: Tailored for affluent and high net worth individuals and families, this segment provides homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services.

North America Agricultural Insurance: Offering multiple peril crop and crop-hail insurance, this segment also caters to farm, ranch, and specialty property and casualty along with commercial agriculture products, addressing the unique needs of the agricultural sector.

Overseas General Insurance: This broad segment covers traditional commercial property and casualty, and a variety of specialty categories, including financial lines, marine, energy, aviation, political risk, and construction insurance. It also offers group accident and health, and both traditional and specialty personal lines for corporations, middle markets, and small customers through various channels including retail brokers and agents.

Global Reinsurance: Under the Chubb Tempest Re brand, this segment offers traditional and specialty reinsurance products to property and casualty companies, demonstrating Chubb's capacity to backstop risks globally.

Life Insurance: This segment focuses on protection and savings products like whole life, endowment plans, individual and group term life, health protection, personal accident, credit life, universal life, group employee benefits, and unit linked contracts. Through these offerings, Chubb ensures a comprehensive approach towards securing the financial stability and health of individuals and families.