HONG KONG, CHINA- Media OutReach - 25 February 2019 - Chubb today announced the launch of eGroupPersonal Accident Insurance in Hong Kong.

As a global leader inpersonal accident and supplemental health insurance, Chubb understands howemployees' injuries can disrupt their business and lead to costly compensation.In particular, new start-ups and small & medium-sized enterprises (SMEs)are more vulnerable than large multinationals or conglomerates with regard toresources and finances. Chubb's eGroup Personal Accident Insurance has been specially developed to help SMEs provide relevant coverage to theiremployees as an added staff benefit.  

The highlights of the plan[1] include:

1. The waiver of the age limit for policy issuance and renewal.
2. Provision of employee coverage is on an unnamed basis.
3. Full terrorism cover.
4. Waiver of medical examination, and
5. 24-hours worldwide coverage.

The eGroup Personal Accident Insurance includeslump sum benefits for accidental death and disablement and lump sum benefitsfor medical expenses. There are four fixed plans withpremiums starting from as low as HKD1,000 per policy.

Stanley Wong, CountryPresident of Chubb's general insurance business in Hong Kong said, "In a buoyanteconomy, investing in policies that support employee retention is essential as employersrecognise the high costs of rehiring and training. Chubb comprehends thechallenges faced by the over 300,000 SMEs in Hong Kong which employalmost half of the workforce in the private sector. Therefore, we havedeveloped eGroup Personal Accident Insurance to provide a strong safety net foremployees. The plan protects the employer'sbusiness from being disrupted by employees involved in accidents."

For more information aboutChubb eGroup PersonalAccident Insurance, please visit https://www.chubb.com/hk-en/business/group-personal-accident-insurance.aspx.

About Chubb

Chubb is theworld's largest publicly traded property and casualty insurance company. Withoperations in 54 countries and territories, Chubb provides commercial andpersonal property and casualty insurance, personal accident and supplementalhealth insurance, reinsurance and life insurance to a diverse group of clients.As an underwriting company, we assess, assume and manage risk with insight anddiscipline. We service and pay our claims fairly and promptly. The company isalso defined by its extensive product and service offerings, broad distributioncapabilities, 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 executiveoffices in Zurich, New York, London and other locations, and employsapproximately 31,000 people worldwide.

With both general and life insurance operations, Chubb hasbeen present in Hong Kong for more than 90 years via acquisitions by itspredecessor companies. Its general insurance operation in Hong Kong (ChubbInsurance Hong Kong Limited) is a niche and specialist general insurer offeringproducts such as Property, Casualty, Marine, as well as Accident & Healthprograms for large corporates, midsized commercial and small business customers.The AA- long term insurer financial strength and counterparty credit ratings byStandard & Poor's are indicative of the company's strong capitalisation.Over the years, the company has built strong client relationships by offeringresponsive service, developing innovative products and providing marketleadership built on financial strength.

More information can be foundat www.chubb.com/hk