Chubb is the world's largest publicly traded property and casualty (P&C)
insurance company. With operations in 54 countries and territories, Chubb
provides commercial and personal P&C insurance, personal accident and
supplemental health insurance, reinsurance and life insurance to a diverse group
of clients. As an underwriting company, we assess, assume and manage risk with
insight and discipline. We service and pay our claims fairly and promptly. The
company is also defined by its extensive product and service offerings, broad
distribution capabilities, exceptional financial strength and local operations
globally.
Chubb’s history in China dates back to 1792 when a predecessor company – the
Insurance Company of North America (INA) – began providing protection to the
pioneers of trade between the United States and China. In 1897, INA appointed
an agent in Shanghai, becoming one of the first U.S. insurance companies to
officially conduct business in China. Today, Chubb is proud to have participated
in over 200 years of U.S.-China relations and views China as one of its greatest
long-term opportunities.
Chubb’s 100% owned subsidiary, Chubb Insurance Company Limited (Chubb China),
is a fully licensed P&C insurance company offering substantial P&C and
personal accident insurance coverage to local Chinese businesses, multinational
companies with exposures in China and individual customers. Through its branch
offices in Shanghai, Beijing, Jiangsu and Guangdong, Chubb China offers one of
the largest commercial P&C product portfolios in the Chinese insurance
market. It also offers a series of protection products such as personal
accident, homeowners, travel and personal devices insurance via the rapidly
growing internet channel to Chinese families and individuals across the country.
Chubb China has an A+ rating from Standard & Poor’s.
Chubb is a joint venture partner in Huatai Life, a fast-growing life insurer
with more than 40,000 exclusive agents across the country. Huatai Life serves
more than 1.2 million customers across 19 provinces and offers a broad portfolio
of savings and protection products.
Through its charitable foundation, the company supports schools, scholarships
and other programs in China.
Evan Greenberg, Chairman and CEO of Chubb, is personally committed to
U.S.-China relations through his service as Chair of the US-China Business
Council, which is dedicated to promoting greater trade and investment, and Vice
Chair of the National Committee on United States-China Relations, which is
dedicated to improving knowledge and understanding of China and the U.S. between
citizens of both countries.
Chubb Limited, the parent company of Chubb, is listed on the New York Stock
Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains
executive offices in Zurich, New York, London, Paris and other locations, and
employs more than 30,000 people worldwide.
