U.S. Markets open in 44 mins.

Chubb Life Named "Caring Company" for the 15th Consecutive Year

HONG KONG, March 21, 2017 /PRNewswire/ -- Chubb Life, the global life insurance division of Chubb, today announced that its life insurance branch in Hong Kong has been awarded as a "Caring Company" under the "Caring Company Scheme" for the 15th consecutive year. The award, launched by the Hong Kong Council of Social Service, acknowledges the dedication of Chubb Life in Hong Kong to the community, caring for employees and continuous support to the environment.

Having a rich history of fostering philanthropic engagement in the community, Chubb made significant effort in giving back to the community and supporting the needy. Since 2012, the company hosts the Regional Day of Service (RDS) across its Asia Pacific markets every year, an event for Chubb's employees to devote their time to local charitable projects and serve in areas that align with the company's priorities. In 2016, nearly 100 employees from Chubb Life in Hong Kong partnered with the People's Food Bank of St. James' Settlement to organize a series of volunteering activities for the underprivileged in the community.

Chubb Life in Hong Kong runs a series of initatives to reduce light pollution, carbon emissions and strives to reduce paper usage in the office. And for three years, its employees teamed up to participate in "Green Power Hike", one of the largest charitable hiking activities in Hong Kong, to raise funds for environmental educational programs for the public.

Employees are a valuable asset for Chubb Life, and the company is committed to providing a supportive and caring workplace to its staff. In addition to offering competitive compensation and benefits to employees, Chubb Life in Hong Kong provides diverse career development and training opportunities to nurture individual growth. Health and wellness are also key areas of focus with regards to caring for employees. The company hosted series of employee wellness and recreational activities throughout the year, including social functions like annual dinners, health talks and movie nights for staff and their families.

Ben Ng, Chief Marketing Officer of Chubb Life in Hong Kong, said, "Chubb Life is honored to be recognized as a Caring Company for the 15th consecutive year. Throughout the years, while we focus on upholding product quality and service excellence, we remain responsible to our employees, the community and the environment. Sustainability is embedded in our values and we always capitalize on our strength and resources to benefit the community and environment by working with various non-profit organizations. We will continue to reinforce a culture of philanthropy that will contribute towards a sustainable future."

Launched in 2002, the "Caring Company Scheme" aims at cultivating good corporate citizenship and building strategic partnerships among businesses and NGOs to create a more cohesive society. Organizations are awarded the "Caring Company" designation for partnerships with the social welfare sector and demonstration of corporate social responsibility through caring for the community, employees and the environment.

About Chubb Life in Hong Kong

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 (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.

Chubb Life, the life insurance division of Chubb, operates in 30 countries around the world. In Asia, Chubb Life operates in Hong Kong, Indonesia, Korea, Taiwan, Thailand and Vietnam, and participates in a joint-venture in China. Chubb Life has been in Hong Kong since 1976, and launched its Global Wealth Management business from Hong Kong in 2015. To meet the financial protection and wealth management needs of its broad range of customers, Chubb Life in Hong Kong (Chubb Life Insurance Company Ltd.) offers a range of life protection, savings, accident and health insurance solutions through agents, brokers and banks.

Additional information can be found at: http://life.chubb.com/hk