Actors / Insurer · Switzerland / UK
Chubb Global Markets
Appears in 8 cases in this database. Roles as given in the documented record.
| Case | Role | Country | Period | Instrument |
|---|---|---|---|---|
| Galápagos debt-for-nature swap | Reinsurer | Ecuador | 2023–2041 | Debt-for-nature swap |
| BP Deepwater Horizon: the spill, the court cases and the recovery claims | Halliburton's top-layer insurer (Chubb Bermuda); won arbitration | United States | 2010–2031 | Oil spill |
| Vale Brumadinho dam collapse | Lead property insurer (press reports) | Brazil | 2019–2027 | Mining / tailings dam |
| Samarco Fundão dam collapse (Mariana): the settlement and the court cases | Lead property and business-interruption insurer, as ACE (80%) | Brazil | 2015–2026 | Mining / tailings dam |
| EACOP pipeline: insurers decline, construction continues | Ruled out cover (April 2025); listed as a holdout in 2024 | Uganda / Tanzania | 2021–2026 | Insurance declined or withdrawn |
| Trans Mountain pipeline insurers (Canada) | Insurer through Chubb European Group; refused cover in September 2021 | Canada | 2018–2024 | Insurance declined or withdrawn |
| Net-Zero Insurance Alliance collapse and insurers’ fossil underwriting | Not an NZIA member; adopted oil and gas standard 2023 | Global | 2021–2025 | Insurance declined or withdrawn |
| Galápagos debt-for-nature swap used US$656 million of US political risk insurance | Reinsurer to DFC, per its release | Ecuador | 2023 | Insurance, liability and compensation funds |
Appears alongside
Munich Re ×4Swiss Re ×4Allianz ×4Zurich Insurance ×4Lloyd's of London ×3Hannover Re ×3Government of Ecuador ×2Credit Suisse (now UBS) ×2US International Development Finance Corporation ×2Inter-American Development Bank ×2US Securities and Exchange Commission ×2Vale ×2Public Prosecutor's Office of Minas Gerais (MPMG) ×2Federal Public Prosecutor's Office (MPF) ×2Government of Minas Gerais ×2Mapfre ×2WTW (Willis Towers Watson) ×2AXA ×2SCOR ×2Trans Mountain Corporation ×2AXA XLPew Bertarelli Ocean LegacyOceans Finance CompanyBPTransoceanHalliburtonAnadarko PetroleumMOEX (Mitsui Oil Exploration)Cameron InternationalWeatherfordJupiter Insurance Ltd (BP captive)Ranger InsuranceHouston CasualtyUS Department of JusticeDeepwater Horizon Natural Resource Damage Assessment TrusteesNational Fish and Wildlife FoundationUS Environmental Protection AgencyU.S. PIRGNOAAThe Nature ConservancyTÜV SÜDCourt of Justice of Minas Gerais (TJMG)AonSamarco MineraçãoBHPVogBRRenova Foundation (Fundação Renova)Regional Federal Court of the 6th Region (TRF-6)Supreme Court of BrazilHigh Court of England and WalesFairfax FinancialTotalEnergiesUganda National Oil CompanyTanzania Petroleum Development CorporationCNOOCEACOP LtdBritamSiriusPointRiverstone InternationalEnstarBlenheimSA MeacockArch InsuranceAEGIS LondonAIGTokio MarineChaucerHiscoxBeazleyLiberty MutualBritMarsh (Marsh McLennan)Insurance Consortium for Oil and Gas in Uganda (ICOGU)Insurance Regulatory Authority of UgandaUganda ReZEP-ReAfrica ReGovernment of UgandaGovernment of TanzaniaAfreximbankStandard BankStanbic UgandaKCB UgandaICDStopEACOPPublic CitizenGovernment of CanadaCanada Energy RegulatorArgoTalanxStand.earthNet-Zero Insurance AllianceForum for Insurance Transition to Net ZeroUN Environment ProgrammeMarsh McLennan (Marsh)Probitas 1492 (Lloyd's)Bravus (operator of the Carmichael mine)
Terms used on this page
Insurance
- Reinsurance
- Insurance bought by insurers to pass part of their own risk to other companies.
Carbon and conservation finance
- Debt-for-nature swap
- A deal in which a government's debt is bought back or refinanced at a discount, and part of the savings is committed to conservation.
Law and courts
- Arbitration
- A private dispute process in which an appointed arbitrator, instead of a court, decides the case.
Science and environment
- Tailings and tailings dam
- Tailings are the waste left after ore is processed; a tailings dam is the embankment that stores them as wet sludge.
Institutions
- DFC
- The US International Development Finance Corporation, a government agency that lends to and insures private projects abroad.