SINGAPORE - Media OutReach - 30 September 2019 - Chubb today announced the appointment of Jerry Ng as Division Head of Bancassurance for Singapore, withimmediate effect. He will report to Scott Simpson, Chubb's Country Presidentfor Singapore.

In Mr. Ng's new role, he will drive the strategy, development and growthof Chubb Singapore's bancassurance distribution channel, including the partnershipwith DBS.

Mr. Ng is a seasoned financial services professional with close to 30years of sales and marketing experience. As a bancassurance specialist, he has heldseveral senior roles across various lines of business and key partnership distributionchannels. Prior to joining Chubb, he was the Senior Vice President and Lead,Regional Bancassurance at a local insurance company in Singapore.

On Mr. Ng's appointment, Mr. Simpson said, "Jerry's experience acrossvarious distribution channels, wide network of contacts and keen insights ofthe local industry, make him an ideal fit for the role. With his strongunderstanding of the bancassurance business model, I am confident he will leadour growth and development in this space and build our position as the partnerof choice."

About Chubb in Singapore

Chubb is the world's largest publicly traded property and casualtyinsurer. Chubb Insurance Singapore Limited, via acquisitions by its predecessorcompanies, has been present in Singapore since 1948. Chubb in Singaporeprovides underwriting and risk management expertise for all major classes ofgeneral insurance. The company's product offerings include Financial Lines,Casualty, Property, Marine, Industry Practices as well as Group insurancesolutions for large corporates, multinationals, small and medium-sizedbusinesses. In addition, to meet the evolving needs of consumers, it alsooffers a suite of tailored Accident & Health and Personal & Specialtyinsurance options through a multitude of distribution channels includingbancassurance, independent distribution partners and affinity partnerships.

Over the years, Chubb in Singapore has established strong clientrelationships by delivering responsive service, developing innovative productsand providing market leadership built on financial strength. The company has been assigned a financial strengthrating of AA-/Stable and the highest ASEAN credit rating of axAAA by Standard& Poor's.

More information can be found at www.chubb.com/sg.