Chubb Supports Landmark Debt-for-Nature Restructuring Project in Belize ZURICH — December 20, 2021 — Chubb today announced its support for the U.S. International Development Finance Corporation’s (DFC) participation in a landmark debt restructuring and ocean conservation project in Belize. Chubb Global Markets and Sovereign Risk Insurance Limited, a Chubb company, together with other private insurers,…
Read more
THE GREEN GUARANTEE COMPANY
MOBILISING PRIVATE SECTOR CAPITAL AT SCALE TO CLOSE THE CLIMATE FINANCE GAP FOR DEVELOPING COUNTRIES Glasgow, Scotland — The Development Guarantee Group in partnership with the Green Climate Fund and with the support of the United Kingdom’s Foreign Commonwealth & Development Office (“FCDO”) is pleased to announce the launch of the Green Guarantee Company at…
Read more
Marsh and Citi develop innovative risk structure to help Gavi speed delivery of COVAX vaccines to the world
New York, August 17, 2021 – Marsh, the world’s leading insurance broker and risk advisor, together with leading global bank, Citi, today announced the placement of an innovative risk mitigation structure on behalf of Gavi, the Vaccine Alliance (Gavi), to cover the risk associated with a number of governments that are self-funding their coronavirus vaccine…
Read more
Chubb Makes Equity Investment in African Trade Insurance Agency
Chubb is first global property and casualty insurer to invest in Africa’s leading multilateral political risk and credit insurance agency
December 10, 2019, New York & Nairobi – Chubb and the African Trade Insurance Agency (ATI) today announced that Chubb has made a $10 million equity investment in ATI. Chubb is the first global property and casualty insurance company to become a shareholder in Africa’s leading multilateral political risk and credit insurer.
S&P, A.M. Best Affirm Chubb’s Financial Strength Ratings
S&P, A.M. Best Affirm Chubb's Financial Strength Ratings; Outlook "Stable" The financial strength ratings of Chubb’s core operating companies were affirmed last week by ratings agencies A.M. Best and Standard & Poor’s. On June 22, A.M. Best removed Chubb from under review with negative implications and affirmed the ‘A++’ financial strength rating with a stable…
Read more