Chubb Corporation history, company profile (overview) and corporate video
Chubb Corporation was a holding insurance company headquartered in Warren, New Jersey, United States. It was considered one of the largest casualty companies in the world.
The company operated as a holding company for a family of property and casualty insurance companies known informally as the Chubb Group of Insurance Companies, and provided property and casualty insurance to businesses and individuals around the world.
HISTORY
The Chubb Corporation’s origins date back to 1882 when Thomas Caldecot Chubb and his son Percy Chubb opened their marine underwriting business, Chubb & Son, in the seaport district of New York City. Having collected $1,000 from each of 100 merchants to start their venture, they focused initially on insuring ships and cargoes.
In 1967, The Chubb Corporation was formed.
In 1984, Chubb was listed on the New York Stock Exchange.
In 2016, the Chubb Corporation was acquired by ACE Limited, which adopted the name Chubb Limited after the acquisition.
*Information from Forbes.com and Chubb.com
**Video published on YouTube by “Chubb“
