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Chubb insurance boss is to succeed Octávio Simões on January 1

The firm has partnered with Ericsson to set up the network

Offering of 5.875 per cent senior unsecured notes is expected to close on Tuesday

The agency said each of the company’s component groups benefit from the financial flexibility provided by Chubb Limited, the publicly traded ultimate parent

Incoming CEO is to succeed Amélie Breitburd, who departs the organisation on December 31

Subsidiary of Bermudian-based holding company has insured $800 million of senior special facilities revenue bonds

Deal strengthens Bermudian-based company’s footprint in the professional liability space

Appointee has more than 35 years of property and casualty industry experience

The insurer operates in the pension risk transfer markets outside the United Kingdom and the United States

Bermuda partner Steven Rees Davies also achieved a Band 1 individual ranking