The Chubb Corporation, through its subsidiaries, offers property and casualty insurance services. Property and Casualty Insurance The company’s property and casualty insurance subsidiaries are referred to as the Chubb Group of Insurance Companies (the P&C Group). Federal Insurance Company (Federal) is the main insurance subsidiary in the P&C Group and is the parent company of other insurance subsidiaries. Chubb & Son, a division of Federal (Chubb & Son), is a manager of U.S. subsidiaries in the P&C Group. Chubb & Son also provides certain services to other insurance companies included in the P&C Group. The principal insurance companies included in the P&C Group that are based in the United States are as follows: Federal Insurance Company; Pacific Indemnity Company; Executive Risk Indemnity Inc.; Great Northern Insurance Company; Vigilant Insurance Company; Chubb Indemnity Insurance Company; Chubb Custom Insurance Company; Chubb National Insurance Company; Executive Risk Specialty Insurance Company; Chubb Lloyds Insurance Company of Texas; and Chubb Insurance Company of New Jersey. The principal insurance companies included in the P&C Group that are based outside the United States are as follows: Chubb Insurance Company of Europe SE; Chubb Insurance Company of Australia Ltd.; Chubb Insurance Company of Canada; Chubb Argentina de Seguros, S.A.; and Chubb do Brasil Companhia de Seguros. The company has insurance subsidiaries based in locations outside the United States, including Mexico, Colombia and Chile. Federal has branches based in locations outside the United States, including Korea, Singapore and Hong Kong. Property and casualty insurance policies are separately issued by individual companies included within the P&C Group. The P&C Group operates through three strategic business units: Chubb Personal Insurance, Chubb Commercial Insurance and Chubb Specialty Insurance. Chubb Personal Insurance offers personal insurance products for homes and valuable articles (such as art and jewelry), primarily for high net worth individuals. Chubb Personal Insurance also offers personal insurance products for fine automobiles and yachts, as well as personal liability insurance (both primary and excess). In addition, it provides personal accident and supplemental health insurance to a range of customers including businesses. The major market for Chubb Personal Insurance products is the United States. The major markets for its homeowners and automobile insurance products outside the United States are Canada, Brazil and Europe. The major markets for its accident and health insurance products are the United States, Latin America (primarily Brazil) and Europe. Chubb Commercial Insurance offers a range of commercial insurance products. The company’s underwriting strategy focuses on specific industry segments. Its commercial customer base is comprised of mid-sized commercial entities. The company’s insurance offerings include multiple peril, primary liability, excess and umbrella liability, automobile, workers’ compensation and property and marine. The main market for Chubb Commercial Insurance products is the United States. The major markets for its commercial products outside the United States are Europe, Canada and Australia. Chubb Specialty Insurance offers specialized professional liability products for privately held and publicly traded companies, financial institutions, professional firms, healthcare and not-for-profit organizations. Chubb Specialty Insurance products primarily include directors and officers liability insurance, errors and omissions liability insurance, employment practices liability insurance, fiduciary liability insurance, and commercial and financial fidelity insurance. Outside the United States, the major markets for these products are Europe, Canada and Australia. Chubb Specialty Insurance also offers surety products, primarily in the United States and Latin America. One or more members of the P&C Group are licensed and transact business in each of the 50 states of the United States, the District of Columbia, some of the territories of the United States, Canada, Europe, Australia, and parts of Latin America and Asia. The P&C Group also produced business outside the United States in additional locations, including other countries in Europe, Mexico, Colombia, Argentina, Korea, Singapore, Chile, Hong Kong, China and Japan. Sales and Marketing In the United States, the P&C Group primarily offers products through independent insurance agencies and accepts business on a regular basis from insurance brokers. These include major international, national, regional and local agencies and brokers. Its agents and brokers also offer insurance products of other companies. Certain of its products are also distributed through program managers and other wholesale agencies and brokers. Outside the United States, the P&C Group primarily offers products through international, national, regional and local insurance brokers. Local offices of the P&C Group assist the brokers in producing and servicing the business. Certain products (in particular, personal automobile and accident and health products) also are distributed through program managers, business centers, alliances with financial institutions and other businesses, automobile dealers, affinity groups and direct marketing operations. History The Chubb Corporation was founded in 1882.
chubb corp (HUB:German Stock Exchange)
15 Mountain View Road
Warren, NJ 07059
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