Chubb
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The move reflects the executive's contribution to the company and his group-wide responsibilities. -
The carrier also says malware has account for 18% of cyber claims in North America so far this year.
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Lawmakers are considering evidence from Marsh and Chubb, as well as trade bodies APCIA and Namic.
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The potential for an inflection point on pricing in the near future was a key Q3 conference call theme.
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The executive replaces Deborah Venella, who is retiring after a 47-year career in insurance.
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The carrier reported 11% premium growth in commercial lines in the third quarter, outpacing peers.
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Following a kitchen sink Q2, Chubb reported strong numbers on growth and a better core loss ratio.
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The carrier reported a more than 25% fall in core underwriting income.
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Ellen Moore will retire from her post as Chubb Canada president at the end of the year.
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Nandini Mani will manage all of the carrier’s overseas claims litigation.
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The money will be split between 4,400 people, including survivors and the families of those who lost their lives.
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John Keogh also says the most immediate impact of Covid-19 on the industry has been the accelerated digital transformation.
