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Chubb Limited: Corporate History and Controversies

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Episode notes

In this episode, we explore the complex history of Chubb Limited, the world's largest publicly traded property and casualty insurance company. We unpack how a company originally established in 1985 as ACE Limited to handle difficult-to-obtain liability coverage eventually acquired the historic Chubb Corporation—founded in 1882—for $28.3 billion, adopting its name and logo in a massive 2016 merger.

Key topics covered include:

  • The Origins of ACE: How ACE Limited was founded in the Cayman Islands and Bermuda during the U.S. liability insurance crisis of the mid-1980s before relocating its headquarters to Zürich, Switzerland, in 2008.
  • The Mega-Merger: A look at the 2015 deal where ACE acquired the older Chubb Corporation, with ACE CEO Evan G. ... 
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Keywords
HistoryGreenbergCorporationZurichMillionLimitedExactlyThat'sIt'sbillionCEOControversiesACECorporatePNCChubbACE'sSpitzeroriginal ChubbEvan