Chubb Appoints Country Presidents for General Insurance Operations in Hong Kong, Singapore and Korea

Chubb Group announced today the appointments of Country Presidents for the general insurance business in Hong Kong, Singapore and Korea. The appointments are effective upon local legal entity integration. Hong Kong : Mr. Douglas White, currently Country President for ACE in Hong Kong with oversight for Taiwan & Macau, will continue in that role as Country President for Chubb in Hong Kong overseeing Taiwan & Macau. Mr. White worked with Royal Reinsurance and Cunningham Lindsey in London after which he was transferred to Hong Kong, focusing on adjustment of major construction and engineering claims. He joined Gibbs Insurance Brokers (subsequently renamed HSBC Insurance Brokers) in 1995 and in 2006, was appointed CEO of their Asia Pacific businesses. In 2010, Mr. White joined Jardine Lloyd Thompson where he managed their businesses in China, Japan, Korea, Taiwan, Thailand and Vietnam before his appointment in 2014 as Country President for ACE in Hong Kong. Singapore : Mr.Greg Dodds, currently Senior Vice President, Asia Pacific Zone Manager, Chubb Commercial Insurance, has been appointed as Country President of Singapore subject to regulatory approval. Mr. Dodds is an underwriter by training who started with CIGNA Insurance Group in 1983 and progressed to roles of increasing underwriting responsibility within CIGNA's Australian operations. After ACE acquired CIGNA in the late nineties, Mr. Dodds became the Country President of Thailand in 2000 and later joined Chubb in 2002 as the Asia Pacific Marine Manager. His regional responsibilities have led to postings in Singapore and China. Most recently, as the regional head of Commercial Lines, he was successful in driving bottom-line results across Australia, Singapore, Malaysia, Korea, Hong Kong, Japan and China. Both Mr. White and Mr. Dodds will report to Paul McNamee, Deputy Regional President and Regional Head of Property & Casualty for Chubb in Asia Pacific. On these appointments, Mr. McNamee commented, "Doug and Greg have strong track records of achievement as business leaders. Results-oriented and well-respected by the insurance community and employees, we have every confidence that they will continue to build great underwriting businesses, distinguished by superior client service in these two important markets." Korea : Mr. Edward Kopp, currently Country President for ACE in Korea will continue in that role as Country President for Chubb in Korea. Mr. Kopp has more than 20 years of experience in the financial services industry. He commenced his career in Deloitte & Touche providing professional services primarily to managed care organizations and insurance companies in the US. He joined CIGNA Corporation in 2002 as Controller and Compliance Officer and quickly rose through the ranks becoming the Chief Operating Officer of CIGNA's operations in Korea and later Chief Executive Officer of its business in Hong Kong. Before joining ACE in 2013, Mr. Kopp was the Deputy President and Chief Operating Officer for a joint-venture at a well-known financial group in Korea. Mr. Kopp will report to Juan Luis Ortega, Regional President for Chubb in Asia Pacific. According to Mr. Ortega, "With this announcement, we now have set the leadership in place for all countries coming together under our new Chubb banner in Asia Pacific. Doug, Greg and Ed join our previously announced leaders - John French and Matt Doquille for Australia & New Zealand and Kevin Bogardus for China. These individuals form a very powerful line-up of professionals who will drive the country operations forward, leveraging on our increased capabilities in product, distribution and claims servicing." About the New Chubb 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. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise 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 30,000 people worldwide. Additional information can be found at:www.new.chubb.com.