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Chubb Q2 Earnings Per Share $2.50
Chubb Announces New Policy On Coal Underwriting And Investment
Chubb - Co's Unit Priced Public Offering Of EUR 575 Mln Of 0.875% Senior Notes Due 2027 & 1.40% Senior Notes Due 2031
Chubb Limited is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance. It offers commercial insurance products and service offerings, such as risk management programs, loss control, and engineering and complex claims management. It provides specialized insurance products to areas, such as aviation and energy. It also offers personal lines insurance coverage, including homeowners, automobile, valuables, umbrella liability and recreational marine products. In addition, it supplies personal accident, supplemental health and life insurance to individuals in select countries.
Insurance (Prop. & Casualty)
Evan G. Greenberg
Chairman of the Board, President, Chief Executive Officer
John W. Keogh
Executive Vice Chairman, Chief Operating Officer
John J. Lupica
Vice Chairman, President, North America Major Accounts & Specialty Insurance
Philip V. Bancroft
Chief Financial Officer, Executive Vice President
Timothy Alan Boroughs
Executive Vice President, Chief Investment Officer
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Global money managers and companies are rushing to meet a deadline to report on their carbon footprint, but the lack of a standard metric raises concerns their efforts could just be a box-ticking exercise in the transition from brown to green.
Bruce Gendelman wanted a mountainside retreat when he bought 12 acres in Aspen, Colorado. But forest fires that have torched nearby land in recent years left him concerned.
A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to pressure Canada to cancel its plan to expand the project, which carries crude from Alberta's oil sands to British Columbia's Pacific coast.
A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to pressure Canada to cancel its plan to expand the project which carries crude from Alberta's oil sands to British Columbia's Pacific coast.
Thousands of child sexual abuse lawsuits are expected to flow into New York State courts in the coming weeks exposing decades-old misconduct at schools, hospitals, churches and youth clubs, according to lawyers for victims.
Australian insurer Suncorp Group Ltd said on Friday it was no longer underwriting insurance for new thermal coal mines or power plants and it will phase out all exposure by 2025 as part of its responsible investment policy.
* CHUBB REPORTS SECOND QUARTER PER SHARE NET INCOME AND CORE OPERATING INCOME OF $2.50 AND $2.60, RESPECTIVELY; CONSOLIDATED NET PREMIUMS WRITTEN OF $8.3 BILLION, UP 4.1%, OR 5.9% IN CONSTANT DOLLARS
Chubb Ltd <CB.BN> <CB.N> will become the first U.S. insurer to phase out its coal investments and insurance policies, saying on Monday it will no longer sell insurance to or invest in companies that make more than 30% of their revenue from coal mining.
Insurer Chubb Ltd <CB.BN> <CB.N> on Monday decided to cut its exposure to operators of coal-powered plants and said it will not underwrite new risks for companies that generate more than 30% of their revenue from coal.
* CHUBB ANNOUNCES NEW POLICY ON COAL UNDERWRITING AND INVESTMENT
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.