Annual Report 2005 - Chubb Group of Insurance Companies

The Chubb Corporation
In 1882, Thomas Caldecot Chubb and his son Percy
opened a marine underwriting business in the
seaport district of New York City. The Chubbs were
adept at turning risk into success, often by helping
policyholders prevent disasters before they occurred. By the turn of the
century, Chubb had established strong relationships with the insurance
agents and brokers who placed their clients’ business with Chubb
underwriters.
“Never compromise integrity,” a Chubb principle, captures the spirit of
our companies. Each member of the Chubb organization seeks to stand
apart by bringing quality, fairness and integrity to each transaction.
The Chubb Corporation was formed in 1967 and was listed on the
New York Stock Exchange in 1984. Today, Chubb stands among the
largest property and casualty insurers in the United States and the world.
Chubb’s 10,800 employees serve customers from offices throughout North
America, Europe, South America and the Pacific Rim.
The principles of financial stability, product innovation and excellent
service combined with the high caliber of our employees are the mainstays
of our organization.
Contents
1 Letter to Shareholders
8 Chubb’s Global Field Operations
20 Employee Profiles
22 Corporate Directory
25 Form 10-K
On the cover: Texans Red and Charline McCombs depend on Chubb to
insure their elegant home, antique furnishings and collections. See page 14.