Insurance company
| Type | Public |
| Traded as | NYSE: CB\\ S&P 500 Component Industry Insurance and Reinsurance |
| Founded | Hamilton, Bermuda (1985 ( 1985)) |
| Founder | Thomas Caldecot Chubb |
| Headquarters | Zürich , Switzerland |
| Area served | Worldwide |
| Products | Property and Casualty and Health\\ Life insurance\\ Reinsurance |
| Website | chubb .com bhnt-chubblife .com |
- Chubb Limited, incorporated in Zürich, Switzerland, is the parent company of Chubb, a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and the largest publicly traded property and casualty company in the world.
- Chubb operates in 55 countries and territories and in the Lloyd's insurance market in London.
- Clients of Chubb consist of multinational corporations and local businesses, individuals, and insurers seeking reinsurance coverage.
- Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance.
- On 1 July 2015, ACE announced that it would acquire the original Chubb Corporation for $28. 3 billion in cash and stock.
- The combined company adopted the Chubb name in January 2016 after the acquisition was completed.
Business structure
- ACE provides insurance and reinsurance products and services through several operating units.
North American
- ACE USA provides commercial property insurance and casualty (P&C), risk management and accident and health (A&H) coverages through retail brokers.
- ACE Agriculture offers crop, farm and agribusiness P&C coverages through agents and brokers.
- ACE Westchester offers commercial P&C excess and surplus lines through wholesale brokers.
- ACE Bermuda provides liability, property, political risk coverages and captive programs through large international brokers.
- ACE Private Risk Services offers high-value personal lines coverages through independent agents and brokers.
- ACE Commercial Risk Services provides specialty small business coverage through agents and brokers.
Elsewhere
- ACE International provides commercial P&C, A&H, and traditional and specialty personal lines through retail brokers, agents and other channels in 51 countries outside North America.
- ACE Global Markets offers commercial P&C excess and surplus lines and A&H sold by wholesale brokers and through Lloyd's.
- In North America, Combined Insurance, acquired by ACE in 2008, provides personal accident and supplemental health insurance through captive agents.
Reinsurance
- ACE Tempest Re, based in Stamford, Connecticut, offers P&C and life reinsurance sold worldwide by reinsurance brokers.
Life
- ACE Life provides protection and savings products through agents, bancassurance and other channels in Asia, Latin America, and the Middle East.
- Combined Insurance offers personal accident and supplemental health coverage sold by captive agents in North America.