HAMILTON, Bermuda, Feb. 8, 2021 /PRNewswire/ -- Chubb Tempest Re
today announced that Sam Peters has
been named Division President of Chubb Tempest Re Bermuda, a global
leader in the catastrophe reinsurance market. Currently, Mr. Peters
serves as Chief Actuary for both this business and for Chubb
Bermuda, which provides excess casualty, professional liability and
property products. In his new role, Mr. Peters will have management
responsibility for Chubb Tempest Re Bermuda and the property
catastrophe reinsurance solutions it provides to primary carrier
clients around the world. The appointment, which is
expected to be effective on March 1,
is subject to approval by the Bermuda Department of
Immigration.
"Sam is a talented executive who will transition seamlessly into
his new role," said Jim Wixtead,
Senior Vice President, Chubb Group
and President, Chubb Tempest Re. "He is intimately familiar with
the Chubb Tempest Re portfolio and client base as well as an expert
in the property CAT space. I look forward to working with Sam
as we continue to differentiate Chubb Tempest Re in the
marketplace."
Mr. Peters has 18 years of insurance industry experience. He
joined Chubb in 2006 and has held a series of roles with increasing
responsibility in the actuarial department. Prior to joining
Chubb, Mr. Peters was an actuarial analyst with Amica Mutual
Insurance.
Mr. Peters holds a Bachelor of Science degree in Business
Administration from Bryant College
in Rhode Island. He is a Fellow of
the Casualty Actuarial Society (FCAS).
Mr. Peters will continue to be based in Hamilton, Bermuda.
About Chubb Tempest Re
Chubb Tempest Re is the reinsurance business of Chubb, offering
a broad range of products to a diverse group of primary property
and casualty insurers worldwide. Doing business globally with
offices in Bermuda, Stamford,
London, Montreal and Zurich, the business has deep underwriting,
actuarial and claims expertise.
About Chubb
Chubb is the world's largest publicly traded property and
casualty insurance company. With operations in 54 countries and
territories, 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,
Paris and other locations, and employs approximately
31,000 people worldwide. Additional information can be found
at: www.chubb.com.
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SOURCE Chubb Bermuda