Tim Boroughs has been named Vice Chairman, Chubb Group and Executive Chairman, Asset Management. Chris Hogan has been promoted to Senior Vice President, Chubb Group and Chief Investment Officer, Chubb said in its press release.

"For more than 25 years, Tim has shaped and managed our investment strategies and built and led our investment organization globally. He is a wise, deeply experienced, exceptional investor and asset manager. This appointment recognizes the importance and value to our organization of Tim's continued contribution to Chubb's success”, commented Chubb Chairman and CEO Evan Greenberg.

"I am very pleased to promote Chris to Chief Investment Officer. He is a proven leader and talented investment manager who has demonstrated the skill, deep knowledge, professionalism and character of a Chubb senior executive. Chris has fully earned our trust and confidence", Chubb Chairman and CEO added.