Chubb in New Zealand

About Chubb in New Zealand

A world leader

Chubb is a world leader in insurance. With operations in 54 countries and territories, 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. The company is 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 (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 40,000 people worldwide.

Here in New Zealand Chubb has an extensive offering of both general and life insurance products. This includes corporate and commercial property & casualty, group personal accident and corporate and consumer travel insurance products. We also provide life, income protection, critical illness, funeral, business and group life insurance solutions.

Find out more about how we can protect what matters to most to you below.

Chubb General Insurance

Chubb’s general insurance operation in New Zealand (Chubb Insurance New Zealand Limited) offers Property & Casualty, Group Personal Accident and Business Travel Insurance products through brokers. It leverages global expertise and local acumen to tailor solutions to mitigate risks for clients ranging from large multinational companies to local small to medium enterprises. Chubb also provides personal insurance solutions such as Masterpiece, a unique policy for people who own prestigious homes and valuable possessions.

Chubb Insurance New Zealand Limited (Company No. 104656 / Financial Services Provider No. 35924).

About us

Chubb Globally
Information about Chubb's global presence, business structure, history and executive leadership.
Chubb Life Insurance
An overview of Chubb Life Insurance business in New Zealand.

Our solvency margins & financial rating

Solvency Information

Chubb Insurance New Zealand Limited’s solvency information for the period ending 31 March 2026 is shown below. The Solvency Capital as at 31 March 2026 exceeds the minimum requirements by $ 43,255,000.

31 March 2026Entire Insurer ($000s)
Solvency Capital$89,372
Prescribed capital requirement$44,117
Solvency margin$43,255
Solvency ratio

198%

 

The methodology and basis for determining the adjusted solvency margin is in accordance with the requirement of the Interim Solvency Standard Amendment Standard 2024.

Financial Strength Rating Information

Chubb Insurance New Zealand Limited has an “AA-” insurer financial strength rating given by S&P Global Ratings.

The rating scale is:

30 October 2024
AAA - Extremely Strong
AA - Very Strong
A - Strong
BBB - Good
BB - Marginal
B - Weak
CCC - Very Weak
CC - Extremely Weak
SD or D – selective default or default
R - Regulatory Action
NR – Not Rated


Plus (+) or minus (-):  the rating from ‘AA’ to ‘CCC’ may be modified by the addition of a plus or minus sign to show relative standings within the major rating categories.

A full description of the rating scale is available on S&P Global Ratings website.

Fair Insurance Code

We are a signatory to the Fair Insurance Code (the Code). The code and information about the Code is available at www.icnz.org.nz and on request.