Chubb Appoints Underwriting Specialist for Malaysia Amid Motor Losses
Chubb appointed a commercial property & casualty underwriting specialist to lead its Malaysian business, as the market enters a fourth straight year of motor underwriting losses. The company is also pushing digital insurer applications under a Bank Negara Malaysia framework and working through a pending stock market listing. Malaysia’s motor combined ratio hit 103% in 2025, while overall combined ratio was about 93%.