March 03, 2015 7:33 PM ET

Insurance

Company Overview of Chubb Specialty Insurance

Company Overview

Chubb Specialty Insurance Co. offers executive protection and professional liability products for privately and publicly owned companies, financial institutions, professional firms, not-for-profit organizations, and healthcare organizations. The company’s products include directors and officers liability insurance, errors and omissions liability insurance, employment practices liability insurance, fiduciary liability insurance, and commercial and financial fidelity insurance. It was formerly known as Executive Risk, Inc. and changed its name to Chubb Specialty Insurance Co. in June 1999. As a result of the acquisition by The Chubb Corporation, its name was changed. The company was founded in...

82 Hopmeadow Street

Simsbury, CT 06070

United States

Founded in 1993

560 Employees

Phone:

860-408-2000

Fax:

860-408-2002

Key Executives for Chubb Specialty Insurance

Chief Operating Officer
Age: 56
Compensation as of Fiscal Year 2014.

Chubb Specialty Insurance Key Developments

Chubb Specialty Insurance Reports Unaudited Earnings Results for the Year Ended December 31, 2014

Chubb Specialty Insurance reported unaudited earnings results for the year ended December 31, 2014. For the year, the company reported net written premiums increased 2% to $2.7 billion.

Chubb Specialty Insurance Reports Earnings Results for the Third Quarter Ended September 30, 2013

Chubb Specialty Insurance reported earnings results for the third quarter ended September 30, 2013. For the quarter, the company reported net written premiums increased 5% to $670 million.

Chubb Specialty Insurance Reports Unaudited Revenue Results for the First Quarter Ended March 31, 2013

Chubb Specialty Insurance reported unaudited revenue results for the first quarter ended March 31, 2013. For the quarter, the company's net written premiums increased 5% in the first quarter to $632 million. The combined ratio for CSI was 87.4%, compared to 93.6% in the first quarter of 2012. Professional Liability (PL) net written premiums were up 2%, and the combined ratio was 92.4%. In the United States, average first quarter renewal rates for PL increased 9%, renewal premium retention was 81% and the ratio of new to lost business was 0.6 to 1. Surety net written premiums were up 30%, and the combined ratio was 50.7%.

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