Chubb announced the launch of Chubb Life Bermuda as “part of its strategy to deepen capabilities and expand its offering for private wealth clients.”
A spokesperson said, “Chubb Life Bermuda, through Chubb Tempest Life Reinsurance Ltd. [Chubb Tempest Life], now offers direct life insurance solutions for high-net-worth individuals, including life protection, savings and investment-linked products. This expansion builds on Chubb’s established presence in Bermuda, backed by more than 40 years of operating experience on the island. This new offering further strengthens Chubb’s ability to deliver tailored life insurance solutions to private wealth clients.”
“As global wealth continues to grow, so does the demand for sophisticated wealth preservation and legacy planning solutions,” said Chris Wiseman, Chubb’s Bermuda Regional Chief Financial Officer. “Our expanded offering reflects Chubb’s long-term commitment to the private wealth segment and reinforces our ability to serve clients with complex, multi-jurisdictional needs through tailored, globally connected solutions.”
The spokesperson said, “Chubb Tempest Life’s consolidated balance sheet holds more than US$17 billion in shareholder’s equity and US$35 billion in total assets at December 31, 2025. It is rated A++ by AM Best and AA by S&P Global Ratings, reflecting its financial strength and commitment to meeting policyholder obligations.
“Chubb Life Bermuda’s high-net-worth products are made available through designated distribution channels, in accordance with applicable laws and regulations. For more information, visit www.chubb.com/bm-en/.”