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Chubb Ltd. has named Joe Vasquez president of Combined Insurance, effective immediately, the insurer said Wednesday.
Mr. Vasquez succeeds Kevin Goulding, who joined the insurer in 2012 and had served as president of Combined Insurance since 2017, who will retire from the company at year’s end, Chubb said in a statement.
Mr. Vasquez will be responsible for Chubb’s agency and worksite-based personal accident and supplemental health insurance company, headquartered in Chicago with operations in the United States and Canada.
He will continue to report to Evan G. Greenberg, chairman and CEO, and John Keogh, executive vice chairman and chief operating officer.
Mr. Vasquez was previously senior vice president of Chubb Group and head of its global accident and health insurance business, the statement said.
Chubb Ltd. saw price increases accelerate and spread to more classes of business in the second quarter of 2019, Chairman and CEO Evan G. Greenberg told analysts Wednesday in reporting lower profit, but higher net premiums written for the quarter.