Chubb Limited announced leadership changes in its global reinsurance business, Chubb Tempest Re. James Wixtead has been named Executive Chairman, overseeing governance and strategy, while Michael O'Donnell takes over as President, managing daily operations. These changes, effective August 1, aim to strengthen Chubb's reinsurance growth and operational discipline. O'Donnell brings over a decade of experience leading the U.S. reinsurance division, and Wixtead has nearly 40 years in the insurance industry.
Chubb Limited reported Q2 core operating earnings per share of $7.26, beating estimates and marking an 18.2% increase year-over-year. However, consolidated net premiums written were $14.7 billion, below the expected $15.07 billion, though key segment...
Chubb Limited reported Q2 earnings of $7.26 per share, beating estimates, driven by disciplined underwriting and capital allocation. The company's combined ratio improved to 83.8%, helped by lower catastrophe losses and favorable reserve developments...
Chubb Limited reported a net income of $2.85 billion for Q2 2026, slightly down from $2.97 billion the previous year, but core operating income rose 14.6% to $2.84 billion. Property & Casualty (P&C) premiums grew 3%, with strong underwriting income u...
