SINGAPORE, Aug. 18, 2016 /PRNewswire/ -- Chubb announced today the appointment of Adam Clifford as Country President for its general insurance business in Singapore, subject to regulatory approval. This role is in addition to his current responsibilities as Chubb's Regional Head of Casualty for Asia Pacific. In this expanded role, Mr. Clifford will have the overall responsibility for the growth and financial results for the operations in Singapore across all lines of business i.e. Property & Casualty, Accident & Health and Personal Lines. He will report to Paul McNamee, Deputy Regional President and Regional Head of Property & Casualty for Chubb in Asia Pacific.
Mr. Clifford joined legacy ACE in 2014 with oversight of its Casualty business in the Asia Pacific region. With ACE's acquisition of Chubb in January 2016, he retained his position as Regional Head of Casualty for the new Chubb. Prior to 2014, he held senior underwriting and portfolio management positions with two multinational insurers within the Asia Pacific region.
Over an impressive career spanning 20 years, Mr. Clifford has developed deep experience in building and managing highly profitable businesses as well as developing a culture of service and compliance within the teams he has led.
On this appointment, Mr. McNamee said, "I'm confident that Adam is well equipped to build on the momentum of our Singapore operation in a highly strategic market for our Asia Pacific business. Having worked in Singapore for over eight years, he is familiar with the local market and possesses a strong track record as a successful business leader. His drive to achieve results, coupled with a positive attitude focused on building strong relationships with employees and clients, position him well to spearhead the expansion of our product suite and distribution channels in Singapore."
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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength 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 31,000 people worldwide.
Additional information can be found at: new.chubb.com.