LONDON, Feb. 10, 2021
/PRNewswire/ -- Chubb has today announced two new leadership
appointments within its Reinsurance team at Chubb Overseas General,
the company's international general insurance business in more than
50 countries and territories.
Chubb's Ceded Reinsurance business will now be co-led by
Sunil Parmar and Alexander Crosby who are jointly promoted to the
role of Vice President and Senior Reinsurance Officer, Chubb
Overseas General (COG), succeeding Jeremiah
Konz who was recently appointed Chief Reinsurance Officer,
Chubb. In their new roles, they will be responsible for treaty
reinsurance purchases within COG worldwide.
The changes are effective immediately with Sunil and Alex
reporting to Timothy O'Donnell, Vice
President, Chubb Group, Division
President, Commercial Property and Casualty, Overseas General
Insurance and also to Jeremiah
Konz.
Previously Senior Reinsurance Officer at Chubb European Group,
Sunil Parmar will continue to be
based in London. His reinsurance
responsibilities include managing and executing the purchase of
property, casualty, financial lines, marine, specialty and aviation
treaties across COG. Sunil has more than 17 years' experience
managing ceded reinsurance buyers in London, Paris, Tokyo
and Sydney. Before joining Chubb,
he worked for Montpelier Re and Guy
Carpenter in a variety of reinsurance roles.
Alexander Crosby also continues
to be based in London following
the promotion from his previous role as Reinsurance Officer at
Chubb. His reinsurance responsibilities include managing and
executing the purchase of financial lines, energy, political risk
and other COG reinsurance placements.
He has held various actuarial roles at Chubb before joining the
Ceded Reinsurance team, working as an actuary across pricing,
reserving and capital modelling and has more than 15 years'
experience managing ceded reinsurance buyers in London, Miami
and São Paulo.
Timothy O'Donnell, Vice
President, Chubb Group, Division
President, Commercial Property and Casualty, Overseas General
Insurance, said: "I am delighted that we are able to promote Sunil
and Alex to this important role. Reinsurance is a vital aspect of
our insurance business operation and a fundamental part of how we
manage risk. Both Sunil and Alex bring with them not only deep
expertise and experience but also impressive technical and
analytical skills and I look forward to working with them in their
new posts."
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 supports 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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