Chubb appoints Eric Kwan as Division Head of Property & Casualty in Singapore

SINGAPORE – Media OutReach – 1 August 2019 – Chubb today announced the
appointment of Eric Kwan as Division
Head of Property & Casualty (P&C) for Singapore, effective 5 August
2019. He will report to Scott Simpson, Chubb’s Country President for Singapore.

In Mr. Kwan’s new role, he will have overall responsibility for leading
Chubb’s P&C Division; providing strategic oversight on business
development, portfolio management, operations and financial results.

Mr. Kwan brings with him more than 20 years of industry experience
during which he held several senior roles across various lines of business and
key distribution channels. Prior to joining Chubb, he was the Head of P&C
at a local insurance company in Singapore.

On Mr. Kwan’s appointment, Mr. Simpson said, “Eric is an action-oriented leader with a strong
presence and network in the local industry. With his proven track record of
success and keen business acumen, I have full confidence in his capabilities to
achieve sustained growth and profitability for our P&C business as we continue
to deliver underwriting and service excellence to our partners and clients.”

About Chubb

Chubb is the world’s largest publicly traded property and casualty
insurance company. Chubb Insurance Singapore Limited, via acquisitions by its
predecessor companies, has been present in Singapore since 1948. Chubb in Singapore
provides underwriting and risk management expertise for all major classes of
general insurance. The company’s product offerings include Financial Lines,
Casualty, Property, Marine, Industry Practices as well as Group insurance
solutions for large corporates, multinationals, small and medium-sized
businesses. In addition, to meet the evolving needs of consumers, it also
offers a suite of tailored Accident & Health and Personal & Specialty
insurance options through a multitude of distribution channels including
bancassurance, agency and affinity partnerships.

Over the years, Chubb in Singapore has established strong client
relationships by delivering 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.

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