Chubb Appoints Johannes Gschossmann as Head of Fin

SINGAPORE--(Marketwired - Aug 21, 2017) - Chubb ( NYSE : CB ) announced today that Johannes Gschossmann has been appointed as Head of Financial Lines in Singapore. He joined the company on 12 July and reports to Liam Burrell, Division Head of Property & Casualty (P&C).

Mr. Gschossmann brings with him more than 10 years of industry and global experience. Prior to joining Chubb, he was at Allianz overseeing the Financial Lines operations in Singapore and Southeast Asia.

In his new role, Mr. Gschossmann will be responsible for the day-to-day management of the Financial Lines portfolio in Singapore, including all underwriting and market-facing functions. In addition, he will spearhead product development as well as underwriting initiatives to achieve sustainable growth.

On Mr. Gschossmann's appointment, Mr. Adam Clifford, Country President for Chubb in Singapore said, "The Financial Lines portfolio is dynamic as well as competitive, and staying innovative is critical to ensuring we craft market-leading, tailored solutions for our distribution partners and their clients. Johannes is an outstanding choice to drive growth in this line of business given his proven track record and breadth of expertise in underwriting and portfolio management. I am confident that with Johannes, our Financial Lines business is poised to scale to new heights of growth."

About Chubb in Singapore

Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty 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. Parent company Chubb Limited 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 and other locations, and employs approximately 31,000 people worldwide.

Chubb Insurance Singapore Limited, via acquisitions by its predecessor companies, has been present in Singapore since 1948. Chubb in Singapore provides risk management and underwriting expertise for all major classes of general insurance, including Property & Casualty, Marine, Liability, Financial Lines and Group Personal Accident insurance. As one of the leading providers of Accident & Health insurance through direct marketing, the company partners with financial institutions and other companies to tailor individual policies for their clients and employees. In addition, it offers a suite of customised Personal & Specialty insurance solutions to meet the needs of consumers.

Over the years, Chubb in Singapore has established strong client relationships by offering responsive service, developing innovative products and providing market leadership built on financial strength. The company has been assigned a financial strength rating of AA-/Stable and the highest ASEAN credit rating of axAAA by Standard & Poor's. It has also been awarded the Singapore Quality Class STAR (SQC STAR) and Singapore Service Class (S-Class) certification for achieving all-round business excellence and high levels of service respectively by SPRING Singapore, the national standards and accreditation body.

More information can be found at www.chubb.com/sg