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Chubb is the world's largest publicly traded property and casualty insurance company and the largest commercial insurer in the United States. The brand's history dates back to 1882 in New York City, where it was founded by Thomas Caldecot Chubb and his son Percy. Over the decades, it established a reputation for serving high-net-worth individuals and large corporations, becoming a global leader in underwriting excellence and claims handling.
In 2016, the company underwent a massive transformation when ACE Limited acquired the original Chubb Corporation for approximately $29.5 billion. Following the merger, the combined entity adopted the prestigious Chubb name and a new global brand identity. Today, Chubb operates in 54 countries and territories, providing insurance services that include commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance. While headquartered in Zurich, Switzerland, for corporate and tax purposes, it maintains a massive administrative presence in the United States and other major global financial hubs.
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