News Release

Chubb Makes New Appointments in its Property & Casualty Business
Sep 29, 2016

SINGAPORE, Sept. 29, 2016 /PRNewswire/ -- Chubb announced today new appointments within its Property & Casualty business for Asia Pacific:

Michael Frazer: Currently, Head of Energy & Technical Lines, Asia Pacific has been appointed as the new Head of Property, Asia Pacific. He replaces Jason Keen who was recently promoted to the role of Regional Head of Property & Casualty for Asia Pacific. In his new role, Mr. Frazer will continue to be based in Singapore and will report to Mr. Keen.

Mr. Frazer has more than 15 years of Property, Energy and Engineering Underwriting experience. Since joining legacy ACE in 1999, he has been promoted to roles of increasing responsibility. He assumed the position as Head of Energy & Technical Lines, Asia Pacific in 2012.

Michael (Mick) Peacock: Presently, Energy & Technical Lines Manager for Australia & New Zealand, has been appointed as Head of Energy & Power, Asia Pacific. In his new capacity, which will include oversight for the Inland Transit portfolio, Mr. Peacock will report to Mr. Frazer and will relocate from Sydney to Singapore.

Mr. Peacock was appointed to his current role in legacy ACE in 2012. He is a seasoned underwriter having held diverse underwriting and leadership roles in the government as well as local and multinational insurers.

Stephen (Steve) Hanna: Replaces Mr. Peacock as the new Energy & Technical Lines Manager for Australia & New Zealand. Mr. Hanna is currently Product Head – Power for Australia & New Zealand. In his new role, he will report to Mr. Peter Kelaher, Head of Property & Casualty, Australia & New Zealand and also to Mr. Peacock.

An engineer by training, Mr. Hanna first joined legacy ACE in 2005 as a Senior Regional Engineer, Energy & Utilities and became Product Head – Power in 2011.

On the new appointments, Mr. Keen said, "This succession plan shows the depth of talent we have at Chubb as we develop our people to meet the evolving business needs across our network. Michael, Mick and Steve have proven leadership, professionalism and demonstrated success which will serve us well as we continue to seize the many growth opportunities the region offers."

About 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.

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For further information: Michele Anne Minjoot, Michele.minjoot@chubb.com, +65 6398 8708