HONG KONG, CHINA - Media OutReach - 24 October2018 - Chubbannounced today the launch of its enhanced cargo insuranceproduct targeting importers and exporters in Hong Kong and Taiwan. Called ChubbCargoPlus^SM, it offers broadcoverage for both international and domestic cargo movements.

Through Chubb CargoPlus, customers will enjoy additional benefits for local cargo transportationand wider cover for international cargo movements compared with a conventionalcargo insurance policy. The major benefits* of Chubb's enhanced cargo insuranceinclude:

• Debris removal optionsup to USD1,000,000
• Exhibition anddisplay cover of up to USD250,000
• Air freightreplacement for imports up to USD100,000
• Tools of tradecover of up to USD25,000
• Resecuring costsand expenses cover of up to USD5,000

Inaddition, customers will have access to CargoAdvantage^®, Chubb's award-winning web-based system which provides a cargo insurancecertificate for an international shipment within minutes.

Accordingto Mr. Stanley Wong, Country President for Chubb's general insurance operationsin Hong Kong and Taiwan, "With over 200 years of experience in the marineindustry, Chubb has established a reputation for integrity, innovation, andexpertise. Today, we build on our tradition of excellence and deep industryknowledge to create market-leading solutions, backed by a strong commitment toour clients. The launch of the enhanced Chubb Cargo Plus^SM bearstestament to our dedication to meet the evolving needs of our customers in aregion which offers a myraid of opportunities to grow our Marine portfolio in HongKong and Taiwan."

According to Mr. Anthony O'Brien, Regional Head of Marine forChubb in Asia Pacific, "Customers expect excellent service and innovationwhich Chubb is committed to deliver since we are dedicated to superiorunderwriting and risk management services. Our robust CargoAdvantage^®system makes cargo insurance transactions frictionless for our customers. Thisis backed by our worldwide network of claims professionals, recognised fortheir efficient claims handling and expertise to assist our customers when theneed arises." 

For more information about Chubb Cargo Plus^SM, please visit https://www.chubb.com/hk-en/business/cargo-plus.aspx.

*Producthighlights are summaries only. Please see the actual policy for terms,conditions and exclusions.

About Chubb

Chubb is the world's largest publicly traded propertyand casualty insurance company. With operations in 54 countries andterritories, Chubb provides commercial and personal property and casualtyinsurance, personal accident and supplemental health insurance, reinsurance andlife insurance to a diverse group of clients. As an underwriting company, weassess, assume and manage risk with insight and discipline. We service and payour claims fairly and promptly. The company is also defined by its extensiveproduct and service offerings, broad distribution capabilities, exceptionalfinancial strength and local operations globally. Parent company Chubb Limitedis listed on the New York Stock Exchange (NYSE: CB) and is a component of theS&P 500 index. Chubb maintains executive offices in Zurich, New York,London and other locations, and employs approximately 31,000 people worldwide.