Chubb to spend $82,000,000.00 to expand into new space in Philadelphia Pennsylvania.
Philadelphia, Pennsylvania — According to state and local economic development sources Chubb plans to invest $82,000,000.00 to build out new space in Philadelphia. The company plans to occupy the new space at 2000 Arch Street in Philadelphia, on or about February 1, 2026. According to the company website Chubb is the worlds largest publicly traded property and casualty insurance company. 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. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also 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 maintains executive offices in Zurich, New York, London, Paris and other locations, and employs 31,000 people worldwide.
To learn more about Chubb, visit http://www.chubb.com/
Company Contact:
John Keogh, President and Chief Operating Officer
john.keogh@chubb.com
215-640-1000
SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.