ZURICH, Dec. 4, 2017 /PRNewswire/ -- Chubb Limited (NYSE: CB) announced today the passing of Dean R. O'Hare, former Chairman and Chief Executive Officer of The Chubb Corporation, a predecessor company. He was 75.
Mr. O'Hare joined The Chubb Corporation as an underwriting trainee in 1963. He worked as a financial analyst and an assistant to Percy Chubb II, a descendent of the company's founder. Mr. O'Hare became Chief Financial Officer in 1981, President in 1986, and Chairman and CEO in 1988, a position he held until 2002.
"Dean O'Hare's insurance industry career spanned more than four decades," said Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb. "He not only led The Chubb Corporation but he made a real contribution to the U.S. business community in the area of international finance and trade, including his service as a member of the President's Advisory Committee on Trade Policy and Negotiations. Our thoughts go out to his family and friends, as well as to all Chubb employees and industry colleagues with whom he worked."
After his retirement from the company, Mr. O'Hare continued to share his business insights with several of the nation's leading companies, including the H.J. Heinz Company and AGL Resources. He brought his skills and expertise to bear for the many causes and organizations about which he cared deeply— as co-chairman of the Hospital for Special Surgery in New York, a trustee of St. Benedict's Preparatory School in Newark, N.J., a fellow of the New York Academy of Medicine, a trustee of the Intrepid Sea, Air & Space Museum and a trustee of the University of Dublin.
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. 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: www.chubb.com.
SOURCE Chubb Limited