Chubb Limited (extinct)

Chubb Limited (extinct)

Chubb Limited (extinct)

Overview
Date Founded

1985

Headquarters

Bärengasse 32,Zurich 8001

Type of Company

Private

Employees (Worldwide)

22K

Industries

Other Insurance Services
Insurance: Life & Health
Holding Companies
Insurance: Property & Casualty

Company Description

The ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is distinguished by its broad product and service capabilities, exceptional financial strength, underwriting and claims handling expertise and local operations globally. The insurance companies of the ACE Group serve multinational corporations and local businesses with property and casualty insurance and services; companies and affinity groups providing or offering accident and health insurance programs and life insurance to their employees or members; insurers managing exposures with reinsurance coverage; and individuals purchasing life, personal accident, supplemental health, homeowners, automobile and other specialty insurance coverage. With more than $87 billion in assets and nearly $21 billion of gross written premiums in 2011, ACE’s core operating insurance companies maintain financial strength ratings of AA- (Very Strong) from Standard & Poor’s and A+ (Superior) from A.M. Best. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. The ACE Group maintains executive offices in Zurich, Bermuda and New York, among other locations, and employs more than 16,000 people worldwide

Contact Data
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Executives & Employees

Chairman, President & Chief Executive Officer

Executive Vice President & Chief Investment Officer

Chief Risk Officer & Chief Actuary

Senior Vice President & Chairman-Asia Pacific Region

Division President of Westchester

President-Eurasia & Africa Regions

Chief Administration Officer, Bermuda Operations

Division President, International Personal & Business Insurance

Division President, ACE Global Accident & Health

Managing Director, Tempest Re International

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Recent Transactions
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Chubb Limited purchases The Chubb Corp.

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Chubb Limited purchases Firemans Fund Corp. /Personal Lines Insurance Bus from Allianz SE

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Chubb Limited purchases ACE Seguros Soluções Corporativas SA from Itaú Unibanco Holding SA

Transaction Advisors
Legal Advisor

Advised onChubb Limited purchases Combined Insurance Company of America from Aon Plc (United Kingdom)

Auditor

Advised onChubb Limited issued USD Ordinary Shares

Underwriter

Advised onChubb Limited issued USD Ordinary Shares

Legal Advisor

Advised onChubb Limited purchases New York Life Insurance Worldwide Ltd. from New York Life Insurance Company

Legal Advisor

Advised onChubb Limited purchases Penn Millers Holding Corp.

Legal Advisor

Advised onChubb Limited purchases New York Life Insurance Worldwide Ltd. from New York Life Insurance Company

Advisors & Consultants
Legal Advisor

Partner at Clifford Chance LLP

Legal Advisor

Partner at Michael Best & Friedrich LLP

Legal Advisor

Partner at Willkie Farr & Gallagher LLP

Clients

Health benefits for participants

Key Stats and Financials As of
Market Capitalization
$65.8B
Total Enterprise Value
Earnings Per Share
Non-Profit Donations & Grants
Investments
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