In January 2016, ACE Limited acquired the Chubb Corporation, creating the world’s largest publicly traded property and casualty insurance company operating under the renowned Chubb name. The merger was subject to the approval of the National Commission of Bonds and Insurance (CNSF) in Mexico. ACE Seguros, S.A. was rebranded to Chubb Seguros México, S.A.
The merger was completed in December 2017.
The origins of the Chubb Corporation date back to 1882 when Thomas Caldecot Chubb and his son Percy opened their marine underwriting business in the seaport district of New York City. Having collected $1,000 from each of 100 prominent merchants to start their venture, they focused initially on insuring ships and cargoes.
Today, Chubb operates in 54 countries and provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.
Chubb Seguros México, S.A. is a subsidiary of Chubb Corporation which has a Financial Strength rating of AA on Standard and Poors.
No. The coverage you have with ACE Seguros will remain the same. There have been no coverage changes, just a change in brand name.
No, it is not necessary to print out a new copy.
Yes. The claims numbers on the front of your ACE Seguros policy will remain the same.
Visit the website of Chubb Seguros México, S.A.